Fidelity Explains Why We Live In a Bitcoin-First World, Plain & Simple
SPOILER ALERT: Asset Manager Fidelity thinks “bitcoin should be considered first and separate from all other digital assets that have come after it.” This is huge, considering the Fidelity Digital Assets division’s website opens with “We envision a future where all types of assets are issued natively on blockchains or represented in tokenized format.” That […]
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Let Fidelity take the wheel and drive you through the wonderful world of volatility. Bitcoin critics wield one of the asset’s main characteristics as an unsolvable failure, but, is it? According to Fidelity, “bitcoin is fundamentally volatile.” That doesn’t deter it from fulfilling “its ultimate investment objective of preserving wealth over long time periods.” Related Reading | Fidelity Says What We’ve Been Thinking: Countries & Central Banks Will Buy BTC The company said all of that in Fidelity ‘s latest edition of “The Research Round-Up.” In their much longer analysis, they....
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free. “A meaningful portion of Fidelity customers are already interested in and own crypto,” the firm said.
Fidelity Investments to Begin Offering Crypto Trading to Retail Investors
Fidelity Investments, one of the largest brokerages in the world, is launching a commission-free crypto trading service for retail investors. The firm serves....
Fidelity has filed with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund (ETF). The ETF will track the price of bitcoin as measured by the performance of the Fidelity Bitcoin Index. Fidelity Seeks SEC’s Approval Launch a Bitcoin ETF FD Funds Management, a subsidiary of Fidelity, has revealed that it plans to provide financial backing for a bitcoin ETF called the Wise Origin Bitcoin Trust, CNBC reported. On Wednesday, the company filed a Form S-1, a preliminary registration statement for the fund, with the SEC. The filing explains that the....
A leaked email reveals that Fidelity Digital Assets will offer not only Bitcoin (BTC) but also Ethereum (ETH) to its institutional clients starting October 28. The email was reportedly sent to clients. Fidelity Digital Assets is part of one of the most well-known asset managers in the world, Fidelity Investments. The giant oversees assets under […]
Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its latest bitcoin investment thesis. FDA’s assertions come as one survey found that as many as 60% of investors surveyed believe that digital assets have a place in a portfolio. As a consequence, Fidelity Digital Assets says that in these uncertain times, a diversified portfolio must consist of assets that lack a correlation....