Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust

Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin TrustThe cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over $29 million on February 8, 2021. Blockfi Launches a Competitive Bitcoin Trust With a Sponsor […]
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Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand

Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Confirms Strong Institutional DemandFidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration. He confirms that Fidelity is seeing strong demand for bitcoin from institutional buyers. Fidelity Digital Assets’ Head Optimistic About the Future of Bitcoin Jessop explained what he expects in terms of cryptocurrency regulation […]
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Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head

Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets HeadFidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors are optimistic bitcoin will attain this status. “We use the word ‘potential store of value’ as bitcoin is still extremely volatile, and by any standard […]

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