Research Round-Up: May 2024

An update on digital asset ETPs and other developments

by Fidelity Digital Assets

Looking to catch up on the latest news in the digital asset space? Tune in to the newest installment of our Research Round-Up series hosted by Fidelity Digital AssetsSM Director of Research Chris Kuiper.

This month, Chris provides a high-level overview of major regulatory developments from Washington D.C. in addition to a record-breaking update on the current number of spot bitcoin exchange traded product (ETP) holdersFollow along with our downloadable slides as Chris contextualizes some of the digital asset market’s most discussed headlines including: 

  • The SEC’s approval of a rule change which permits the trading and listing of spot ether ETPs—potentially signaling a growing appetite for digital assets following the successful release of spot bitcoin ETPs
  • Spot bitcoin ETPs flow positive amid the historic news of 1,900 reported holders, surpassing the previous record for prior ETP debuts
  • A granular look at bitcoin’s long-term holders during an accelerating bull market 

Looking for further insight into digital asset ETPs?

Discover the potential benefits and considerations related to the previously-approved spot bitcoin ETP in our recent piece, “Channels for Exposure to Bitcoin Revisited.”

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