Fidelity Investments Launches Spot Bitcoin ETF โ A Milestone for Institutional Adoption ๐ฆ
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Fidelity Investments launched its Spot Bitcoin Exchange-Traded Product, Fidelityยฎ Wise Originยฎ Bitcoin Fund (FBTC), on January 11, 2024. This move marks a significant milestone for institutional adoption of cryptocurrencies, providing investors with regulated and secure access to Bitcoin. Fidelity's entry into the crypto ETF space underscores the growing acceptance of digital assets in traditional finance.
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