US-based multinational financial services company Fidelity Investment has applied to the US Securities and Exchange Commission (SEC) for two new exchange-traded funds (ETFs) to follow the metaverse and crypto industry.
According to application documents cryptocurrency mining, cryptocurrency support services, blockchain technology and digital payment processing that will monitor the performance of an index of companies dealing with businesses such as Fidelity Crypto Industry and Digital Payments ETF, to cryptocurrencies and initial public offerings (ICO) will not invest.
Another application is Fidelity metaverse ETF if the metaverse establishment and activation related to product and services develops, produces, distributes or sells monitoring the performance of global companies Fidelity metaverse index will follow. With this application, Fidelity became one of the companies that addressed the increasing interest in the metaverse. past December per month ProShares to the SEC Metaverse had applied for the ETF.
of Fidelity two new funds in sub consultancy based in Boston Geode Capital Management will undertake.
vs Spot ETFs SEC Finally January 27 on Fidelity’s spot bitcoin ETF rejected his application. Last year, the company said the SEC did not approve spot ETFs. November per month Canadaone in spot Bitcoin ETFhad started.