Tag: Fidelity

My Top 3 Takeaways From Fidelity And Voltage’s Recent Lightning Report

coiner

Follow Frank on X. In a report released this Wednesday, Fidelity Digital Assets in collaboration with Lightning payment provider Voltage released a report on the state of the Lightning Network. The report details the many ways in which the Lightning Network has grown since its launch in 2018. It also illustrates how more businesses have begun incorporating Lightning in 2024 than any year prior, that larger channels are forming on the network and that more Lightning nodes are coming online. Source: The Lightning Network: Expanding Bitcoin Use Cases Some key…

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Fidelity seeks green light for Ethereum ETF, following BlackRock’s filing

coiner

Fidelity, an asset management firm overseeing $4.5 trillion in assets, has become the latest firm to seek approval for a spot Ether (ETH) exchange-traded fund (ETF). In a filing with the United States Securities and Exchange Commission (SEC) on Nov. 17, Fidelity proposes to list and trade shares of the Fidelity Ethereum Fund on the Cboe BZX Exchange. The filing stated:  “According to the Registration Statement, each Share will represent a fractional undivided beneficial interest in the Trust’s net assets. The Trust’s assets will consist of ETH held by the Custodian on…

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SEC Delays BlackRock, Fidelity, And Other's Spot Bitcoin ETF Applications

coiner

The SEC has just delayed BlackRock, Fidelity, WisdomTree, Invesco & Galaxy, VanEck, Bitwise, and Valkyrie’s spot Bitcoin ETF applications, as first reported by Bloomberg ETF analysts James Seyffart and Eric Balchunas. This was the first SEC decision deadline in the listing process for these applicants since filing, with the delays pushing these applications back another 45 days. The next bulk of deadlines are being slated for the middle of October.  Image Source: James Seyffart Earlier this week, Grayscale won its lawsuit with the SEC, resulting in the DC Circuit court of…

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