U.S. regulators have yet to approve a spot-Bitcoin ETF.
Naysayers are skeptical that a U.S. spot bitcoin fund would be a true game changer.
The David Booth-founded firm wants to create ETFs as a share class of its mutual funds.
The Schwab High Yield Bond ETF charges just 10 basis points annually.
Cash has emerged as one of the most popular asset classes amid the Fed's historically aggressive tightening cycle.
BlackRock's June 15 application for a spot ETF opened the floodgates for others to try their hand at it.
The $5.2 billion Fidelity Large Cap Value Enhanced Index Fund will be among those switched.
The S&P 500 is up roughly 14% from its low in March and the Nasdaq 100 is poised for its best first half ever.
ARK Investment Management joins other bitcoin ETF hopefuls in including a surveillance-sharing agreement to their proposal.
BlackRock's shock filing for a spot product has rocked crypto markets.
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