Bitcoin, Ethereum, Dogecoin Rise After Fidelity ETF News: Analyst Says King Crypto Poised To Touch $40K If SEC Approves Application

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Major cryptocurrencies traded in the green on Monday following reports that Fidelity is making preparations for a Bitcoin exchange-traded fund (ETF) application. What Happened: Fidelity is nearing the submission of an application for a Bitcoin ETF in the United States, reported The Block. This comes as several other asset managers, including BlackRock, WisdomTree, Invesco, and Bitwise, have already filed similar applications this month It’s important to note that approval from the Securities and Exchange Commission (SEC) is required for all these applications. Notably, Fidelity’s previous atte…

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