Fidelity Resubmits Bitcoin ETF Application, Fueling Optimism for Crypto Industry

In a move that has reignited hopes for the cryptocurrency industry, asset management giant Fidelity has refiled its application to list and trade shares of its Wise Origin Bitcoin Trust spot bitcoin exchange-traded fund (ETF). The announcement comes amidst a flurry of similar applications from prominent financial institutions, including BlackRock, WisdomTree, Invesco, and VanEck.