{"id":374865,"date":"2021-12-01T15:06:01","date_gmt":"2021-12-01T12:06:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/fidelity-reportedly-launching-spot-bitcoin-etf-in-canada\/"},"modified":"2021-12-01T15:06:01","modified_gmt":"2021-12-01T12:06:01","slug":"fidelity-reportedly-launching-spot-bitcoin-etf-in-canada","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/fidelity-reportedly-launching-spot-bitcoin-etf-in-canada\/","title":{"rendered":"# Fidelity reportedly launching spot Bitcoin ETF in Canada"},"content":{"rendered":"<p>&#8220;<strong># Fidelity reportedly launching spot Bitcoin ETF in Canada <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvMjQ3YWM3YWItMGYzOC00MDNmLWIzNDEtNTI5M2RkNTI0YjBmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>It&#8217;s been a bumpy ride for Bitcoin (BTC) investors. While waiting on the United States Securities and Exchange Commission (SEC) to make their decision about whether or not they will <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>rove a spot Bitcoin exchange-traded fund (ETF), U.S-based investment firm Fidelity Investments is reportedly launching a spot ETF in Canada subject to regulatory approval.\u00a0<\/p>\n<p>According to a tweet shared by Bloomberg senior ETF analyst Erick Balchunas, the fund &#8220;Fidelity Advantage Bitcoin ETF&#8221; is currently pending listing on a Canadian exchange. Balchunas also pointed out that if the new fund succeeds, it would become the largest asset management firm that offers Bitcoin services.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">SEMI-SHOCK: Fidelity launching a spot bitcoin ETF in Canada this week. Didn&#8217;t know about this. Will easily be the biggest asset manager to date with a bitcoin ETF. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/H2XJRBY3O6\">pic.twitter.com\/H2XJRBY3O6<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1465809288245485570?ref_src=twsrc%5Etfw\">November 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nFidelity&#8217;s decision to offer a spot ETF in Canada only adds fuel to fire, as one of the world&#8217;s largest asset managers with almost $4 trillion in assets is compelled to develop a service in Canada to satisfy customer demands.<\/p>\n<p>Fidelity did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to Cointelegraph&#8217;s request for comment.\u00a0<\/p>\n<p><strong><em>Related: Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40B AUM<\/em><\/strong><\/p>\n<p>Meanwhile, the SEC is still deliberating whether or not to approve a spot Bitcoin ETF, which according to many market experts will be a hit in the market.\u00a0<\/p>\n<p>Grayscale Investments has criticized the U.S. SEC&#8217;s recent refusal of VanEck&#8217;s spot Bitcoin ETF application, as reported by Cointelegraph. The operator of the Grayscale Bitcoin Trust (GBTC) claims in a letter to Secretary of the SEC Vanessa Countryman that the SEC is wrong to reject spot Bitcoin ETFs since it has now permitted three such products based on Bitcoin futures.<\/p>\n<p><strong><em>Related: VanEck\u2019s Bitcoin spot ETF shunt solidifies SEC\u2019s outlook on crypto<\/em><\/strong><\/p>\n<p>Canada is no stranger to Bitcoin ETFs. The introduction of the FBTC might pave the way for additional spot ETFs in the Canadian market. This would be a significant victory for investors since it would allow them exposure to Bitcoin without having to go to the trouble of purchasing and storing it themselves.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/fidelity-reportedly-launching-spot-bitcoin-etf-in-canada\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Fidelity reportedly launching spot Bitcoin ETF in Canada &#8221; It&#8217;s been a bumpy ride for Bitcoin (BTC) investors. While waiting on the United States Securities and Exchange Commission (SEC) to make their decision about whether or not they will approve a spot Bitcoin exchange-traded fund (ETF), U.S-based investment firm Fidelity Investments is reportedly launching&#8230;<\/p>\n","protected":false},"author":1,"featured_media":374866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvMjQ3YWM3YWItMGYzOC00MDNmLWIzNDEtNTI5M2RkNTI0YjBmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74894,75849,74898,74355,22974,73785,70934],"class_list":["post-374865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-blockchain","tag-etf","tag-sec","tag-adoption","tag-canada","tag-markets","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/374865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=374865"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/374865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/374866"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=374865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=374865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=374865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}