Fidelity report shows resilience to crypto winter, huge adoption gap among in...
Fidelity Digital Assets’ research paints a not-too-gloomy picture of the digital asset institutional investment scene, although it indicates that some segments are much more active than others. Fidelity Digital Assets released its annual study on institutional investment in digital assets on Oct. 27. Digital asset fundamentals remain strong despite headwinds, the study concludes, but adoption remains highly uneven among different types of investors. In its survey of 1,052 institutional investors in Asia, Europe and the United States, Fidelity found digital asset adoption was up in the U.S.....
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Fidelity Crypto will focus on Bitcoin and Ether initially. The brokerage will make money by charging a 1% spread on trades. Fidelity Investments is expanding retail access to commission-free cryptocurrency trading services — a move designed to recognize growing mainstream interest in digital assets. According to CNBC, Fidelity’s new crypto offering will be powered by its subsidiary, Fidelity Digital Assets. Dubbed Fidelity Crypto, the new service will give retail investors the ability to buy and sell Bitcoin (BTC) and Ether (ETH) with minimal fees. Instead of a commission, Fidelity Crypto....
Fidelity Digital Assets has released a report explaining why bitcoin is a superior form of money. The report discusses the future of the digital asset ecosystem and compares bitcoin to newer and smaller cryptocurrencies.
Fidelity Says ‘Bitcoin First’
Fidelity Digital Assets, a subsidiary of Fidelity Investments, published a report this week titled “Bitcoin First: Why investors need to consider bitcoin separately from other digital assets.”
The report addresses some concerns investors have including whether bitcoin “may be vulnerable....
Surprising the world, Fidelity predicts what Bitcoin’s game theory implies. It’s as Satoshi Nakamoto said, “It might make sense just to get some in case it catches on.” That’s the exact same conclusion that Fidelity reaches in its “Research Round-Up: 2021 Trends And Their Potential Future Impact” report. Take into account that Fidelity is a multinational financial services corporation, it doesn’t get more mainstream than this. I agree with @Fidelity, of course, but still astonishing to read this on Bitcoin adoption game theory in such a mainstream financial report:....
The institutional buy-in through major banks and adjacent firms continues this week. Fidelity Digital is the company’s enterprise-grade solution for digital assets. In a recent story first broken by Bloomberg this week, crypto demand is leading the Fidelity division to expand staffing by roughly 70%. Fidelity Digital: Doubling Down The report cites an interview with […]
A recent survey from Fidelity shows 58% of institutional investors already own cryptocurrency. Related Reading: By The Numbers: Comparing Bitcoin Volatility With Nasdaq And S&P500 Institutional Investor Presence In Crypto Sector Continues To See Growth This Year As per data from an institutional investor digital assets study by Fidelity, digital asset ownership among these investors […]