In a landmark announcement at the Point Zero Forum, Chainlink, Fidelity International, and Sygnum unveiled a transformative collaboration to integrate Net Asset Value (NAV) data onto the blockchain. This pivotal initiative paves the way for the tokenization of substantial financial…
Fidelity ETF Record a $117 Million Inflow While Grayscale Takes a $29 Million Loss
Between July 4th and 5th, Bitcoin saw a downturn, which reduced its price to less than $54k. However, Fidelity ETF led a comeback after receiving a massive inflow of $117 million, while Grayscale recorded an outflow of approximately $29 million.…
Fidelity ETF Records $65 Million Inflow After Weeks of Massive Outflows
Fidelity ETF (FBTC) is one of the pioneer spot Bitcoin ETFs. It has a 0.25% (0% fee waived until Aug. 1, 2024), and its Bitcoin holding is around 167,589 BTC in self-custody. However, it had a streak of bad moments…
Unveiling the Top 5 Largest Publicly-Traded Bitcoin Holders in the Crypto Realm
In the ever-evolving landscape of cryptocurrencies, Bitcoin continues to reign supreme as the most prominent digital asset. As the popularity and adoption of Bitcoin surges, it is essential to shed light on the top publicly-traded Bitcoin holders who have amassed…
$5.98 Billion Bitcoin Accumulated by Blackrock’s IBIT and Fidelity’s FBTC and more…
The landscape of spot bitcoin exchange-traded funds (ETFs) is witnessing a significant transformation. Recent data sheds light on the substantial accumulation of bitcoin by leading ETFs such as Blackrock’s IBIT and Fidelity’s FBTC. These movements are reshaping the cryptocurrency investment…
BlackRock and Fidelity: Dominating the Rise of Bitcoin ETFs in Mainstream Finance
In an unprecedented move, the US has recently greenlit the trading of several Bitcoin exchange-traded funds (ETFs), marking a significant milestone in the integration of cryptocurrency into mainstream financial markets. Among these, BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity…
Financial Giant Fidelity Affirms Bitcoin’s Superiority Over Other Digital Assets – Barrons
Fidelity Investments, a globally renowned asset management firm, is reinforcing its confidence in the potential of bitcoin as an unparalleled form of currency. In a recent white paper authored by Chris Kuiper and Jack Neureuter, researchers at Fidelity Investments underscore…
Fidelity identifies Ethereum and Solana as exemplary cases of thriving network effects and developer communities
In the rapidly evolving landscape of cryptocurrencies, Fidelity, a prominent financial services provider, has identified Ethereum (ETH) and Solana (SOL) as prime examples of success in the blockchain realm. These two smart contract platforms have demonstrated exceptional network effects and…
Fidelity Plans Major Push in the Digital Assets Sector With 100 New Hires
Fidelity Investments, a money management, is expanding its digital assets division by employing 100 new employees. indicating the company’s desire to expand its cryptocurrency operations during a weak market. The recruitment process was initially covered by Bloomberg. By the end…
Fidelity-backed Crypto Trading Platform OSL is Finally Legal in Hong Kong
OSL is now legally authorized to run managed brokerage services, and automated digital asset trading services as the crypto trading network has finally secured a Hong Kong license. OSL, a central digital asset portal in Asia and a unit of…