Fidelity updates ETF portfolio allocation, cryptocurrency investment allocation range will be 1-3%
Information disclosed by Reflexivity Research co-founder Will on X platform shows that asset management giant Fidelity has updated the investment portfolio configuration of its exchange-traded fund (ETF) products. Currently, the product offers four different ETFs, with cryptocurrency allocations ranging from 1% to 3%. It is reported that according to Fidelity, the adjustment to the cryptocurrency investment allocation range is to strategically engage with cryptocurrency to enhance the level of diversified investment, and to maintain a small amount of cryptocurrency allocation in the investment portfolio can bring higher potential returns and serve as a hedge against traditional markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump Backs Crypto at Summit with Bold Plans
Trump reveals crypto reserve strategy, stablecoin regulation, and U.S. leadership goals at crypto summit.Clear Rules Ahead: Stablecoin Regulation FrameworkMaking the U.S. the Global Crypto Capital

Bitnomial Launches First XRP Futures Contracts in US
Bitnomial introduces the first CFTC-approved XRP futures in the US, offering physically settled contracts to crypto traders.What This Means for Crypto TradersGrowing Regulatory Confidence in XRP

TRX Tokens Now Live on Solana Blockchain
TRX officially launches on Solana, offering faster, cheaper transactions for users and new opportunities for cross-chain DeFi.TRX Launches on Solana NetworkWhat This Means for TRX UsersThe Future of Cross-Chain TRX Usage

Canary files for PENGU ETF
Trending news
MoreCrypto prices
More








