The Fidelity Wise Origin Bitcoin Fund filed Form 8-A to report approval of registering its shares as securities on the Cboe BZX Exchange.
The United States-based exchange Cboe accepted the registration for listing shares of a spot Bitcoin (BTC) exchange-traded fund proposed by Fidelity Investments.
In a Jan. 3 filing with the U.S. Securities and Exchange Commission (SEC), the Fidelity Wise Origin Bitcoin Fund said it intended to register its shares as securities listed on the Cboe BZX Exchange. The Form 8-A filing, while part of the process of registering an ETF with the SEC, did not necessarily suggest the commission would approve the investment vehicle.
“My understanding here is that this is just a securities registration,” said Bloomberg ETF analyst James Seyffart on X (formerly Twitter). “In order to list the ETF still needs a 19b-4 approval and they need an effective/approved/completed S-1 document. No 19b-4 yet [...] I’m still looking towards next week.”