United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product. In a...
Tag: Fidelity
US Senators Concerned for Fidelity and Its Bitcoin 401k Plans
Three Senators call out Fidelity Investments in a letter to reconsider its decision to offer Bitcoin Retirement plans. Especially after the FTX collapse. Although there is still fear over the looming ...
Three U.S. senators ask Fidelity to reconsider bitcoin exposure in retirement plans
Three U.S. senators have again asked Fidelity Investments to reconsider a decision to allow retirement plan participants to invest in bitcoin, saying the industry has become increasingly “volati...
Average 401(k) balances drop below $100,000: Fidelity
During this time of high inflation and increased interest rates, investors are understandably nervous about finances. The number of people with negative feelings about finances has increased in the pa...
CORRECTING and REPLACING Fidelity Charitable® Announces Philanthropic NFT Collection “Art of Generosity,” Engaging the Blockchain Community in Giving
Project will distribute $50,000 to charity BOSTON–(BUSINESS WIRE)–Throughout the release, the URL www.generositynft.com should read: https://generositynft.com/. The updated release reads: FIDELITY CHA...
Fidelity Launches Commission Free Crypto Trading
Fidelity Investments is launching Fidelity Crypto, a service that will allow retail investors to trade Ether and Bitcoin without having to pay a commission fee. Fidelity Investments, one of the world’...
Why are institutions accumulating crypto in 2022? Fidelity researcher explains
Institutions’ investment in crypto has increased in 2022 despite the bear market, according to a recent survey by Fidelity Digital Assets. In particular, the amount of large investors betting on...
Fidelity Is Offering Early Access to Its New Bitcoin Trading App
Investment giant Fidelity today announced an early-access waitlist for its new crypto product Fidelity Crypto—which will let retail investors trade Bitcoin and Ethereum from their phones without payin...
Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether – Exchanges Bitcoin News
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoi...
Fidelity, ForUsAll offering 401(k) investors access to cryptocurrency
Justin Tallis | Afp | Getty Images Retirement savers in some 401(k) plans are starting to get access to cryptocurrencies like bitcoin. Fidelity Investments, the largest provider of 401(k) plans by tot...
Robinhood Has New Contender as Fidelity Unveils No-Fee Crypto Trading
Fidelity’s Digital Assets subsidiary plans to roll out zero-commission Bitcoin and Ethereum trading through its Fidelity Crypto service. Fidelity Crypto will enable users to trade crypto with zero com...
Fidelity Investments Announces Commission-free Crypto Trading
9 seconds ago | 2 mins read Bitcoin News The trading firm has over $9.9 trillion in assets under management. The company cited client demand for the expanded service in a statement. One of the top bro...
Fidelity, ForUsAll Start Rolling Out Crypto for Retirement Plans
Fidelity – a $4.5 trillion asset manager– said this fall that some of its 401(k) retirement plans have begun adding Bitcoin to their investment menus. Similarly, San Francisco-based 401(k) provider F...
Crypto Trading Without Commissions? Fidelity Delivers It
Fidelity Investment will launch a new crypto trading product for retail investors in the United States. The firm has been launching new products and offerings to offer its clients exposure to Bitcoin ...
Fidelity to Offer Bitcoin and Ethereum Trading to Retail Investors
Investment giant Fidelity appears to finally be granting its retail investors access to Bitcoin and Ethereum trading. The $4.5 trillion asset manager has established an early access waitlist for user...
Fidelity Preparing To Launch Commission-Free Bitcoin and Ethereum Trading for US Retail Investors
Financial services giant Fidelity says it’s ready to roll out commission-free Bitcoin (BTC) and Ethereum (ETH) trading for US retail investors. According to a new company update, Fidelity is preparing...
Fidelity to offer commission-free BTC and ETH Trading to Retail Investors
The world’s largest investment firm Fidelity appears to be allowing individual investors to trade Bitcoin and Ethereum. An early access waitlist for investors to trade both assets has been estab...
Fidelity Launches a New Commission-Free Crypto Trading Product
Fidelity Investments, one of the largest asset management firms in the world has launched a crypto trading service, giving its customers the ability to embrace Bitcoin (BTC) and Ethereum (ETH) directl...
Fidelity Digital Asset 2022 institutional investors report
Fidelity is back with a new institutional survey, discovering that big financial entities have a rising appetite for investing in digital assets. On October 27, Fidelity Digital Assets published its a...
Ethereum Becoming More Popular with Institutions, Fidelity Survey Shows
Alex Dovbnya Institutional investors have warmed up to cryptocurrencies despite massive price correction Per a newly published Fidelity Investments survey, ownership of Ethereum, the second largest cr...
Fidelity Survey Shows 58% Of Institutional Investors Now Own Crypto
A recent survey from Fidelity shows 58% of institutional investors already own cryptocurrency. Institutional Investor Presence In Crypto Sector Continues To See Growth This Year As per data from an in...
Digital Asset fundamentals remains strong despite headwinds : Fidelity Digital Asset report
Reports state that one of the biggest jump was noticed by U.S high-net worth investor’s future intentions The study conclude that despite headwinds digital assets fundamental had remained strong...
Fidelity Digital Assets Report Finds Nearly 60% of Surveyed Institutional Investors Have Invested in Crypto
A new survey from financial services giant Fidelity shows that a majority of institutional investors have already invested in crypto assets. In a report from Fidelity Digital Assets, a crypto arm of t...
Bear Market Didn’t Hurt Crypto Fundamentals, Claims Fidelity
On Oct. 27, the portfolio and asset manager published its “2022 Institutional Investor Digital Assets Study,” an annual report shedding light on the crypto industry from an institutional perspective. ...
74% of Institutions Plan to Buy Crypto: Fidelity Survey
Investors cited decentralization, uncorrelation to other assets and the macro environment as reasons to get involved in digital assets About 35% of respondents believe digital assets should be viewed ...
Bear Market Didn’t Slow Institutional Interest in Crypto, Says Fidelity Survey
The survey was conducted between Jan. 2 and June 24 this year, covering the shift from the bull to bear market, and included 1,052 institutional investors spread across the U.S., Europe and Asia. The ...
Fidelity Ramps Up Crypto Division by 25%
Asset management firm Fidelity Investments is looking to increase its already growing digital asset division by 25%, or around 100 employees. Fidelity Investments, which currently has $4.5 trillion as...
Fidelity Institution’s President Advocates Room for Consumers to Acquire More Crypto
Michael Durbin, the Fidelity Institutional President is advocating for more digital currency allocations for consumers in a bid to match the current demand. Speaking at a Securities Industry and Finan...
Asset Management Giant Fidelity Doubles Down on Crypto With Hiring Spree of 100 Employees: Report
Financial services giant Fidelity is reportedly doubling down on digital assets by looking to expand its crypto unit. According to a new report by Bloomberg, Fidelity Investments is expanding the hiri...
Fidelity Investments Plans Hiring 100 Personnel For Crypto Division
Fidelity’s job board presently has 74 active results for digital asset-related opportunities. Massive layoffs seem to have freed up a pool of qualified crypto experts. In sharp contrast to the recent ...
Fidelity to beef up crypto unit by another 25% with 100 new hires
$4.5 trillion asset management firm Fidelity Investments is reportedly set to hire another 100 people to bolster the firm’s growing digital assets division — a stark contrast to the recent squee...