Sources: Fidelity may acquire Grayscale or submit a spot Bitcoin ETF application

According to ChainCatcher, Andrew Parish, co-founder of the hedge fund tool platform Arch Public, stated that Fidelity, the world's third-largest asset management company, may be considering acquiring Grayscale or applying for a Bitcoin spot ETF. The media is seeking further confirmation from Fidelity, and as of the time of publication, no response has been received.

Previously reported, last week, fund management giant BlackRock's iShares submitted an application for a spot Bitcoin ETF called "iShares Bitcoin Trust" to the U.S. Securities and Exchange Commission (SEC). (Source link)