Breaking News: NASDAQ Exec Says Getting Bitcoin And Crypto Spot ETF Approved In The US Is A Priority | CryptoGazette
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The mass crypto adoption is boosted by all kinds of important moves made by big players. Check out the latest reports below.
Now, a NASDAQ exec reveals that getting Bitcoin and crypto spot ETF approval in the US is a high priority for them. This is triggering a rally in the crypto space and the most important coins are trading in the green today.
Fidelity also supports crypto adoption
The mass crypto adoption continues to explode, and more important players are making moves in this direction.
The latest one is Fidelity, and you can check out the essential details below.
CoinDesk notes the fact that Fidelity Investments, the world’s fourth-largest asset management company, said it plans to offer two exchange-traded funds (ETFs) for investors to gain exposure to the broader crypto, blockchain, and digital payment ecosystems.
The Fidelity Metaverse ETF (FMET) will normally invest at least 80% of assets in securities included in the Fidelity Metaverse Index. This will reportedly happen along with depositary receipts representing securities included in the index, the firm said in a statement Tuesday.
The same online publication noted that the Fidelity Crypto Industry and Digital Payments ETF (DIG) will have a similar exposure to companies related to crypto, blockchain technology, and digital payments processing.
“We continue to see demand, particularly from young investors, for access to the rapidly growing industries in the digital ecosystem, and these two thematic ETFs offer investors exposure in a familiar investment vehicle,” Greg Friedman, Fidelity’s head of ETF management and strategy, stated in an official statement not too long ago.
You can check out more details about this in the original article posted by CoinDesk.
Stay tuned for more crypto news.
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