Fidelity International Lists Physical Bitcoin ETP on the London Stock Exchange

IconCryptoNewsTerminal Staff31 Jul, 2024

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Fidelity International Lists Physical Bitcoin ETP on the London Stock Exchange

Fidelity International, a well-known financial services provider, has listed a physical Bitcoin exchange-traded product (ETP) on the London Stock Exchange (LSE). This move by Fidelity International indicates growing institutional interest in Bitcoin as a legitimate investment asset. The ETP, which is backed by physically-held Bitcoin, will allow investors to gain exposure to the price of Bitcoin without having to purchase and store the cryptocurrency directly. This can provide investors with a more convenient and secure way to invest in Bitcoin. With the launch of this ETP on the LSE, Fidelity International is making Bitcoin more accessible to a wider range of investors.

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