Could you elaborate on the ownership structure of the Fidelity® wise origin®
Bitcoin fund? Who are the primary stakeholders and investors in this fund? Is it primarily owned by Fidelity Investments, or are there other significant shareholders? I'm interested in understanding the breakdown of ownership and any potential partnerships or collaborations that may influence the fund's management and investment decisions. Additionally, are there any regulatory requirements or oversight mechanisms that govern the ownership and operations of this type of fund?
5 answers
EthereumLegendGuard
Sat Jul 13 2024
Fidelity Digital Assets SM is a recognized and established custody provider in the cryptocurrency industry.
henry_harrison_philosopher
Sat Jul 13 2024
Since 2019, Fidelity Digital Assets SM has been regulated by the New York Department of Financial Services (NYDFS), a testament to its robust security measures and compliance.
CoinMaster
Sat Jul 13 2024
This custody partnership ensures that the bitcoin underlying the Fidelity® Wise Origin® Bitcoin Fund is safeguarded with industry-leading security protocols.
KpopMelody
Sat Jul 13 2024
The Fidelity® Wise Origin® Bitcoin Fund relies on Fidelity Digital Assets SM for the custody of its underlying bitcoin.
InfinityRider
Sat Jul 13 2024
For institutional and retail investors alike, Fidelity Digital Assets SM offers a trusted and secure platform for the custody of digital assets.