130 sats \ 4 replies \ @siggy47 28 Nov 2022 \ on: Fidelity Begins Opening Retail Bitcoin Trading Accounts bitcoin
I'm surprised Fidelity didn't bow to political pressure and put its plans on hold. I hope their involvement remains solely with bitcoin.
They released this paper in January of this year about why investors need to consider bitcoin as different than other digital assets. So I think they've planned for bitcoin surviving. I hope.
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Thanks for the link
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They’ll likely expand into other crypto assets at some point. They’re at least timing it right, which will allow their investors to start allocating into btc at the bottom of this cycle.
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Maybe not. Fidelity has famously a rather wealthy customer base with stock market experience. These people know that winner takes it all. They are more likely to be Botcoin only and only a smaller part of the portfolio 😆😆
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