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Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

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…

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Fidelity’s Crypto Platform Prepares to Start Offering Ethereum Trading Next Week

Fidelity Digital Assets, a subsidiary of Fidelity Investments, has informed customers that it will start offering ethereum trading and custody services on Oct. 28. “Investors will be able to buy,…

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Fidelity’s Crypto Arm to Provide ‘Institutional Ethereum Capabilities’

Fidelity Digital Assets – the cryptocurrency subsidiary of the finance giant Fidelity Investments – will allow its institutional clients to trade Ether (ETH). The service will be available on the…

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Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’

A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022.…

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Leading Asset Manager Fidelity Introduces $5 Million Ethereum Index Fund

Fidelity Investments doubled down on its cryptocurrency efforts after its brokerage arm – Fidelity Brokerage Services LLC – offered an Ethereum Index Fund to clients. The product has raised around…

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US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans

Several U.S. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs,…

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Financial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch

A number of financial giants including Fidelity Investments, Citadel Securities, and Charles Schwab Corp. announced on Tuesday that the consortium of companies plans to launch a cryptocurrency exchange called EDX…

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