Fidelity Files for a Solana ETF and Pressures the Competition
TL;DR Fidelity files for a Solana (SOL) ETF through the Cboe BZX Exchange, aiming to facilitate institutional investment in cryptocurrencies. With over $5.9 trillion in...
Tag : Fidelity Investments
Record Inflows in Bitcoin ETFs: $577 Million Injected in One Day
TL;DR Bitcoin ETFs have secured a record $577 million in net inflows, equivalent to approximately 10,168 BTC. BlackRock’s IBIT and Fidelity’s FBTC experienced notable inflows,...
First Negative Day for Bitcoin ETFs
Bitcoin ETFs face their first setback, as a significant shift in money flows is observed, marking the first time a negative trend has been experienced...
Bitcoin ETF Fee War Heats Up as BlackRock, Fidelity, and Ark Slash Costs
As the U.S. Securities and Exchange Commission (SEC) is expected to announce its decision on the approval of spot Bitcoin ETFs exchange-traded funds today, several...
Fidelity to Launch NFT Marketplace and Crypto Trading in the Metaverse
One of the world’s largest investment management firm, Fidelity Investments, has submitted trademark applications in the United States for a variety of Web3 goods and...
US Lawmakers Urge Fidelity to Review its Bitcoin Services, Say Market is Chaotic
Senators Elizabeth Warren, Tina Smith, and Richard Durbin have reaffirmed their concerns for Fidelity Investments to rethink providing a 401(k) retirement package connected to Bitcoin...
Fidelity Will Hire 100 More People To Focus on Crypto
According to press sources, Fidelity intends to employ an additional one hundred personnel for its digital assets section in spite of the legislative ambiguity that...
Digital Assets Manager Fidelity Provides Clients With ETH Custody and Trading
Institutional clients of Fidelity Digital Assets will be able to trade the Ethereum token (ETH) starting before the end of this month, according to a...
Senator Elizabeth Warren Questions Fidelity Investments Over Its 401(K) Pension Plan Services
Recently, Fidelity Investments expressed its plan of allowing investors to add a Bitcoin account to their 401(K) retirement plan. However, the decision is receiving criticism...
Fidelity Investments to Enable Clients to Add Crypto Accounts to Their 401(k)s
Fidelity Investments has become the first major retirement plan provider to encourage their clients and clients’ employees to invest in digital assets as it revealed...