Bitcoin Jumps on Optimism Over Fidelity's Amended ETF Filing
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Bitcoin jumped to a two-month high after Fidelity amended its spot bitcoin ETF filing, sparking bullish sentiment.
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Fidelity follows Ark Invest and Invesco in amending bitcoin ETF filings, indicating communication with the SEC.
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Amendments could signal that SEC approval of a spot bitcoin ETF may be forthcoming.
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Some analysts forecast bitcoin touching $29,400 soon amid rising volumes and buyer interest.
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Fidelity's filing specified how it will safeguard customer bitcoin and disclose crypto risks.