Fidelity Investments Reportedly Filing BlackRock-Type Spot Bitcoin ETF, Acquire Grayscale

Fidelity Investments, the world’s third-largest asset management firm with $4.2 trillion in assets under management (AUM), preparing to file a spot Bitcoin ETF similar to BlackRock iShares spot Bitcoin ETF. The financial giant is also planning to submit an offer to acquire the largest digital asset management firm Grayscale Investments.