Pension Funds Explore Bitcoin ETF Investments: Fidelity

2024-5-4 21:37

The financial sector is seeing a significant shift as pension funds begin exploring crypto investments. This trend is driven by the recent approval of spot Bitcoin exchange-traded funds (ETFs).

Fidelity Investments recently introduced a Bitcoin ETF that has attracted substantial institutional investors’ attention.

Rising Institutional Interest in Bitcoin

Manuel Nordeste, Vice President of Digital Assets at Fidelity, spoke about the rising interest that institutions have shown toward cryptocurrency-based financial products.

“Now, we’re starting to have conversations with the larger, real money institutional investor types, and we’re getting some of those clients, as well as corporates and so on,” Nordeste said.

Likewise, BlackRock noted increased educational interactions with pension funds concerning Bitcoin ETFs. The potential impact of such investments is profound. With assets exceeding $4 trillion, even a modest shift by US pension funds toward Bitcoin could channel significant capital into the crypto market.

Traditionally, pension funds have been cautious, staying on the sidelines due to their strict risk management protocols. However, change is in the air. If pension funds follow the footsteps of more nimble investors like family offices and hedge funds, which have already adopted Bitcoin, it could signify a major move towards mainstream crypto acceptance.

Read more: How To Trade a Bitcoin ETF: A Step-by-Step Approach

A recent survey by Fidelity Digital Assets shows a split in market sentiment toward integrating crypto-based products into traditional portfolios. Around 80% of high-net-worth individuals are optimistic about cryptocurrency, compared to just 23% of pension plans.

“Small-scale but sophisticated investors like family offices are more active in crypto investments because they can quickly adapt to new opportunities, unlike pension plans which require thorough deliberation,” Nordeste explained.

Global Adoption and Consideration of Cryptot. Source: Fidelity

The approval of spot Bitcoin ETFs offers a familiar investment vehicle that could ease pension funds’ hesitations about entering the cryptocurrency market.

The post Pension Funds Explore Bitcoin ETF Investments: Fidelity appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 75738.72 (+0.36%)
Объем 24H $63.999b
Изменеия 24h: 1.84 %, 7d: 7.34 %
Cегодня L: $74544.69 - H: $76122.08
Капитализация $1497.574b Rank 1
Цена в час новости $ 62581.9 (21.02%)

bitcoin investments pension funds fidelity explore etf

Источник: beincrypto.com

bitcoin investments → Результатов: 126


Dollar Cost Averaging into Bitcoin as a Winning Strategy; 2019 Stats Show 49% ROI for Weekly Investments

The winning Bitcoin trading strategy is yet to be learnt even by the industry veterans given the volatile nature of digital currencies. However, a statistical analysis based on 2019 prices shows that a weekly investment on BTC would have yielded around 50% ROI as of press date. Many investors have a habit of buying large […]

2019-11-26 20:20


Фото:

Мнение: BTC-траст Grayscale Investments ускорит одобрение bitcoin-ETF

Команда фонда Grayscale Investments обратилась к Комиссии по ценным бумагам и биржам США (SEC) для регистрации своего bitcoin-траста GBTC. Информация об этом появилась в блоге компании. Grayscale Bitcoin Trust files Registration Statement on Form 10 with SEC.

2019-11-21 14:34


Prominent analyst says only the top 40 cryptos are liquid 

Crypto analyst Willy Woo said that very few coins are good investments, as data from CoinMarketCap has shown that only the top 40 out of the 4987 listed coins are liquid. Part of the crypto community remained skeptical, saying that few coins have been around long enough to be able to compete with Bitcoin, Ethereum, […] The post Prominent analyst says only the top 40 cryptos are liquid  appeared first on CryptoSlate.

2019-11-13 16:59


During Bitcoin’s 10-Year Life Cycle, BTC has Remained Profitable 94% of Its Time, Under 200 Days Not Green

Investing in any asset class comes with its own risk and requires to be adversely studied before making any investment. Bitcoin has grown to become one of the lucrative forms of investments in the last decade, and in the last couple of years, even institutional investors have used it as an important investment diversification asset. […]

2019-11-11 22:07


Фото:

Grayscale Investments First to list Crypto-Backed Digital Large Cap Fund

Grayscale Investments, a cryptoasset management firm with more than $2 billion in assets under management, has successfully secured approval from the Financial Industry Regulatory Authority (FINRA) for the public listing of its Digital Large Cap Fund (DLC) on over-the-counter (OTC) markets with ticker symbol: GDLCF, according to a press release on October 14, 2019.

2019-10-16 23:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

HBO Claims It Has Unmasked Bitcoin Creator Satoshi Nakamoto

HBO announces a documentary aiming to reveal Bitcoin creator Satoshi Nakamoto, stirring major excitement and curiosity in the cryptocurrency world. The post HBO Claims It Has Unmasked Bitcoin Creator Satoshi Nakamoto appeared first on BeInCrypto.

Coinbase CEO Brian Armstrong Counters Bitcoin IOU and cbBTC Controversy

Analysts and experts have dismissed the IOU claims, asserting that ETFs fully own the underlying Bitcoin and that recent price fluctuations are driven by market participants. The post Coinbase CEO Brian Armstrong Counters Bitcoin IOU and cbBTC Controversy appeared first on BeInCrypto.

Bitcoin Mining Halt Triggers 20% Electricity Price Surge in Norwegian City

Experts argue that this rise in energy bills highlights how Bitcoin mining can contribute to lower overall energy costs by distributing fixed grid expenses across a broader user base. The post Bitcoin Mining Halt Triggers 20% Electricity Price Surge in Norwegian City appeared first on BeInCrypto.