Fidelity Isn't The Only Company Wanting To Start A Bitcoin ETF - The Fierce Race To Be First...

Actually, it's not officially Fidelity's ETF, it would belong to a company called Wise Origin, and Fidelity Digital Assets will serve as the fund's custodian, storing Wise Origin's holdings. 

The ETF, called Wise Origin Bitcoin Trust, will aim to match an index that takes spot prices from various bitcoin markets, including popular exchanges, Fidelity said in a securities filing.

But now that their intent is public, they're becoming aware of how fierce competition to do be first will be...

Video Courtesy Of Yahoo Finance