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
CROSSUSDT now launched for futures trading and trading bots
BULLAUSDT now launched for futures trading and trading bots
BGB holders' summer celebration–a grand community giveaway! Trade 10 BGB to share 10,000 USDT!
New spot margin trading pair — ICNT/USDT!
Trending news
MoreCrypto prices
More








