Fidelity Warns: Not Allocating Bitcoin Could Be Riskier for Nations Than Embracing It
Ignoring Bitcoin could leave nations vulnerable, Fidelity claims, as inflation, deficits, and competition demand strategic digital asset allocation.
Ignoring Bitcoin could leave nations vulnerable, Fidelity claims, as inflation, deficits, and competition demand strategic digital asset allocation.
Fidelity, Ark, Valkyrie, and VanEck joined BlackRock’s record $872 million inflow day, adding smaller contributions to US Bitcoin ETFs.
Spot Bitcoin ETFs recorded $458.54 million inflows on October 16, with BlackRock's IBIT leading the surge.
Fidelity maintains that there is no evidence that the stolen customer information has been misused.
American multinational financial services Fidelity is reportedly researching stablecoins and tokenized treasury products.
BlackRock’s IBIT led with $117.25 million in inflows on July 15, also being the most traded Bitcoin ETF.
Amidst market declines, spot Bitcoin ETFs saw major contributions from BlackRock's IBIT and Fidelity's FBTC.
BlackRock's IBIT and other eight US spot Bitcoin ETFs reported no flows on July 3rd.
BlackRock's IBIT stayed flat despite a minor recovery in spot Bitcoin ETF inflow on Tuesday.
Fidelity and BlackRock have revealed their seed capital for their Ethereum ETFs, though their fees still remain a secret.