Why a US-Backed Bitcoin ETF Feels Inevitable
Number of the Week: $5.2 billion (explanation below)
Why a US-Backed Bitcoin ETF Feels Inevitable
March 2021 has been the month when a US-sanctioned exchange traded fund (ETF) focused on Bitcoin and/or other cryptocurrencies turned the corner from prohibited to inevitable. This week, a division of Fidelity filed an S-1 to launch an ETF to track the perfo…