Expert Predicts Bitcoin At $750,000 As Fidelity Advises 1-3% Allocation

Expert Predicts Bitcoin At $750,000 As Fidelity Advises 1-3% Allocation

[ad_1] In a major shift within the financial industry, Fidelity Investments, with its colossal $12.6 trillion in assets under administration, is now recommending that the traditional 60/40 portfolio model should evolve to include a 1-3% allocation to crypto, specifically through its spot Bitcoin ETF (FBTC). This groundbreaking move is not just a nod to the … Read more

Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

[ad_1] According to data collected by Bloomberg Intelligence analyst James Seyffart, the 10 spot bitcoin ETFs (GBTC included) saw a net outflow of $158 million on Wednesday. Day-to-day flows can, of course, be mercurial. Numbers compiled by CoinDesk from the issuers’ websites shows total bitcoin held by all of the spot ETFs (GBTC included) as … Read more