Fidelity is now recommending a 1-3% allocation to cryptocurrency in investment portfolios, emphasizing the potential for higher returns and as a hedge against traditional markets. This move is seen as a significant shift in the investment landscape, with implications for mainstream adoption of crypto assets.
Fidelity recommending 1-3% allocation to crypto is totally bonkers Is this when crypto finally goes mainstream?
The 60/40 portfolio is evolving, Fidelity moving the needle on advising a 1-3% crypto allocation The power of ETFs for $BTC are their passive inflow and easy composition in the portfolios of boomers Hence why $BTC is nearly at ATHs and yet normies still think crypto is dead https://t.co/1oZyRFMArR
Fidelity is recommending 1-3% crypto exposure in its "Fidelity All-in-One ETFs" product. Their investment thesis is potential for higher returns & a hedge against traditional markets. This is the very first product you see when browsing their Investments page. Higher, longer. https://t.co/qgVK11Im5F