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Morgan Stanley wealth managers to embrace Blackrock, Fidelity Bitcoin ETFs: Report
2.8.2024
Winning over the $3.75 trillion financial advisory firm is a historic milestone for crypto
Fidelity Intl Launches Bitcoin ETP to London Stock Exchange
31.7.2024
Fidelity International has announced the listing of its physical Bitcoin exchange-traded product (ETP) on the London Stock Exchange. According to the details from the press release, this development opens the door for professional investors in the UK to gain direct exposure to Bitcoin through...
BTC ETFs make 26% of BlackRock's 2024 inflows, 56% of Fidelity’s
4.6.2024
However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard
Fidelity Bitcoin ETF Records First Daily Net Outflows Since January Listing
26.4.2024
The Fidelity Wise Origin Bitcoin (FBTC), a key player in the spot Bitcoin exchange-traded fund market, experienced a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market.
The post Fidelity Bitcoin ETF Records First Daily Net Outflows Since January...
Fidelity’s Bitcoin ETF draws $40M in largest single investment from advisers
23.4.2024
Financial advisers Legacy Wealth Management and United Capital Management of Kansas have each invested $20 million in shares of the Fidelity Wise Origin Bitcoin Fund (FBTC)
SEC Pushes Back Decision on BlackRock, Fidelity's Ether ETF Applications
6.3.2024
The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs
Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch
5.3.2024
The Fidelity Wise Origin Bitcoin Fund (FBTC) recorded its largest number of daily inflows on Monday, absorbing $404.6 million in funds used to buy more Bitcoin (BTC).
The post Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch appeared first on Cryptonews
Blackrock, Fidelity Bitcoin ETFs Have a Liquidity Edge Over Grayscale: JPMorgan
8.2.2024
GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said
BlackRock and Fidelity Bitcoin ETFs Dominate Top 10 January Inflows with Massive $4.8B Surge
5.2.2024
BlackRock and Fidelity’s spot Bitcoin (BTC) exchange-traded funds (ETFs) have emerged among the top 10 funds with the highest inflows in January. According to a report from Morningstar research analyst Lan Anh Tran, BlackRock’s iShares Bitcoin Trust (IBIT) secured the eighth position...
SEC’s first window to approve all 12 spot Bitcoin ETFs starts today
9.11.2023
There’s an eight day window between Nov. 9 and Nov. 17 where all 12 spot Bitcoin ETF filings could be approved by the SEC, according to Bloomberg ETF analysts James Seyffart and Eric Balchunas
Financial Giant Fidelity Addresses 9 Common Bitcoin Criticisms and Misconceptions
8.11.2023
Financial services giant Fidelity has addressed nine common Bitcoin criticisms and misconceptions, emphasizing that some of them are “either unfounded or unlikely to be a serious concern.” They include volatility, suitability as a payment method, environmental impact, competition...
Financial Giant Fidelity’s Director Sees Bitcoin as ‘Exponential Gold’
5.11.2023
Financial services giant Fidelity’s director of global macro says bitcoin is “exponential gold.” He explained that gold is “too deflationary and clunky to be used as a medium of exchange,” noting that “investors own it primarily as a store of value —...
New Fidelity Digital Assets Report Advocates Bitcoin Over Gold for Portfolio Diversification
11.10.2023
Fidelity Digital Assets brought new light to the subject of cryptocurrency investments in its September 2023 study, focusing particularly on Bitcoin.
Authored by Chris Kuiper, Director of Research, and Jack Neureuter, Research Analyst, the report meticulously dissects why Bitcoin should...
Bitcoin price will surge past $150K if spot ETFs are approved: Analyst
17.8.2023
Even if the filings for Bitcoin spot ETFs are rejected, Lee predicts Bitcoin’s halving event will still push up BTC's price — but not to six figures
Bitcoin Briefly Pushes Above $31K After Fidelity Spot ETF Report
27.6.2023
Fidelity previously applied for a spot bitcoin ETF in 2021, but the effort was rejected by the SEC
US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry
23.11.2022
Several U.S. senators have called on Fidelity Investments to reconsider allowing bitcoin in 401(k) retirement plans. “The recent implosion of FTX, a cryptocurrency exchange, has made it abundantly clear the digital asset industry has serious problems,” the lawmakers told Fidelity...
Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take
24.10.2022
Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path...
Fidelity Analyst: Bitcoin Is Cheap — Ethereum Could Be Near Bottom
10.7.2022
Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he added. Fidelity’s Director on Bitcoin and Ether Price Outlook Jurrien...
Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody
2.6.2022
Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts,” a Fidelity executive explained....
Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
30.4.2022
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it risks the retirement security of Americans, stressing that...