Fidelity’s Chief Strategist Starts Bitcoin Index Fund

in coastalconserve •  4 years ago 

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“Every incumbent should be spending time and money on this topic to understand it, at least to understand the threat,” he said in the podcast. “But I think there’s just a massive opportunity.”

Interesting article about Fidelity starting a bitcoin fund and what that might mean for adoption. This is kind of big news for bitcoin, Fidelity is a huge player in finance, I have an account with them although I don't make the 100k min that they require to invest. I'm keeping the faith even though bitcoin isn't looking great right now. We need Fidelity to come in the market and take out a couple billion bitcoin, that'd move the market. Until then I guess I'll just watch and read more about crypto......

Read the full story here.....
https://finance.yahoo.com/news/fidelity-chief-strategist-starts-bitcoin-162330945.html

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The more the merrier at this point

Give them a little time to bring in the money.

Bitcoin sure could use a spark

Not sure where that is going to come from in the near term

Maybe gold will save my portfolio, lol

Strong day today

I think it was up on word that the Fed is wants more inflation

This post has received a 50.53 % upvote from @boomerang.