How does Fidelity plan to incorporate Bitcoin into their investment offerings?

3 answers

• Nov 27, 2021 · 3 years ago
  Fidelity is planning to incorporate Bitcoin into their investment offerings by launching a Bitcoin-focused fund. This fund will allow investors to gain exposure to Bitcoin without directly owning it. Fidelity will manage the fund and handle all the technical aspects of investing in Bitcoin, making it a convenient option for investors who want to add Bitcoin to their portfolio.
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• Nov 27, 2021 · 3 years ago
  Fidelity is exploring various ways to incorporate Bitcoin into their investment offerings. One possibility is to offer Bitcoin futures contracts, which would allow investors to speculate on the price of Bitcoin without actually owning it. Another option is to include Bitcoin in their existing mutual funds, providing investors with indirect exposure to the cryptocurrency.
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• Nov 27, 2021 · 3 years ago
  At BYDFi, we believe that Fidelity's plan to incorporate Bitcoin into their investment offerings is a positive development for the cryptocurrency industry. It will provide more legitimacy and mainstream acceptance for Bitcoin, attracting a wider range of investors. Fidelity's reputation and expertise in the investment industry will also help to build trust and confidence in Bitcoin as an asset class.
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