Category: Fidelity

Fidelity Digital finds 90% of surveyed investors find digital assets appealing

Fidelity Digital finds 90% of surveyed investors find digital assets appealing

Fidelity Digital Assets, the crypto-focused wing of global asset manager Fidelity, has published the results of a survey that interviewed 1,100 investors across the globe.  The study surveyed 408 American, 299 Asian, 393 European investors on their investment behavior and view of digital assets such as cryptocurrency. Of the survey participants, 312 were financial advisors […]

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Fidelity Urges The SEC to Greenlight Its Bitcoin ETF Application

The American financial services corporation – Fidelity Investments – urged the U.S. Securities and Exchange Commission (SEC) to approve its Bitcoin exchange-traded fund. According to the company, the regulator should allow the initiative as investors’ demand for digital assets has significantly increased recently. Looking for The SEC’s Approval According to a recent filing, the multinational […]

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Fidelity Survey Reveals 2020 Market Downturn Was a Catalyst for Institutional Investors

Fidelity Digital Assets Management has released the results from a recently conducted survey in which it profiled as many as 1,100 respondents spanning financial advisors, hedge and venture fund managers, and other high networth individuals across the US, Europe, and Asia. The survey sought to understand the perspective or inclination of this group of investors […]

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Fidelity Director: El Salvador’s Bitcoin Adoption Is Slightly Overplayed

El Salvador made history earlier this week when it became the first country to officially accept Bitcoin as a legal tender. While the community rejoiced about the significance of the news, Fidelity’s Director of Global Macro – Jurrien Timmer – said the move had been overplayed. BTC Adoption in El Salvador is Overplayed Three months […]

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Fidelity Looks To Build New Financial Infrastructure Around Bitcoin

Boston based financial services corporation Fidelity Investments Inc., revealed Tuesday that Bitcoin has become a prime focus of the company’s digital asset division. In a recent interview with the Boston Globe, Fidelity’s head of sales and marketing Christine Sandler pointed out that 90% of Fidelity’s biggest customers are asking about bitcoin and that the firm […]

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Institutional clients are pushing NYDIG and Fidelity to offer more ETH services

Institutional clients are pushing NYDIG and Fidelity to offer more ETH services

Quick Take Ether (ETH) demand among institutions is surging. That’s pushing firms like NYDIG and Fidelity to expand their services for the crypto. Sources say Fidelity’s clients are increasingly asking for ETH support, while NYDIG has already been offering custody for select clients. This feature story is available to subscribers of The Block Daily. You […]

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Mobile-First Investment Firm Titan Launches Crypto Portfolio for US Investors

American mobile-first money manager, Titan has launched a digital currency related investment dubbed Titan Crypto, in a bid to bring premier investment management to the everyday investor. The new product has been dubbed one of the pioneering actively managed portfolio of cryptocurrency assets available to all U.S. investors. Titan Crypto will invest subscribers money into […]

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Fidelity Investments Engages With Regulators to Bring Crypto Assets Mainstream

Fidelity Investments Engages With Regulators to Bring Crypto Assets Mainstream

The president of Fidelity Digital Assets, the crypto arm of Fidelity Investments, says that crypto is “its own unique asset class.” He revealed, “We and others are very engaged with regulators … to bring this asset class into the mainstream.” Fidelity Sees Long-Term Interest in Crypto Assets Among Institutional Investors Fidelity Digital Assets President Tom […]

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Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon

Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon

Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July, spending around $20 million for the shares. Fidelity Investments Scoops Up Shares of Marathon for $20 […]

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Just In: Fidelity Acquires a 7.4% Stake in Bitcoin Mining Firm Marathon Digital Holdings

Major crypto asset manager, Fidelity Investments Inc has acquired a 7.4% stake in publicly listed Bitcoin mining firm, Marathon Digital Holdings. The stake, according to Forbes is worth about $20 million and it was made through a number of Fidelity backed indexes including Fidelity Extended Market Index Fund (FSMAX), Fidelity Nasdaq Composite Index Fund (FNCFX), […]

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