Fidelity Investments is preparing to apply for a Bitcoin ETF and submit an offer to acquire Grayscale.

Rumor has it that Fidelity Investments is following in BlackRock's footsteps, allegedly preparing a spot Bitcoinย ETF filing with the SEC.

The financial titan is also reportedly eyeing a potential acquisition of Grayscale.

Blackrock and Fidelity will own the crypto space in the US

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