Jurrien Timmer, Fidelity's Executive Director, offers insights into the recalibration of the market amid economic shifts. While anticipating a bullish expansion in 2024, Timmer analyzes the evolving dynamics of the interest rate cycle and long-term yields. He also highlights Bitcoin's promising status as an asset class, emphasizing its extreme position in the spectrum and the potential for change as it matures.
SanyaSEC extends deliberation on Fidelity's Ether ETF to March 5, citing need for additional time. Simultaneously, surge in filings for leveraged Bitcoin ETFs creates divergence in market opinions on Ether ETF approval.
Huang BoGolden Finance launches the 2212th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceFidelity's Jurrien Timer remains optimistic about Bitcoin despite a short-term dip post-Spot ETF approval, attributing it to a correction. He sees positive long-term prospects amid potential volatility.
EdmundIf the Fed puts some controls on yields on traditional financial products this year, institutions may be attracted to DeFi products.
JinseFinanceFidelity anticipates a potential revitalization of institutional interest in DeFi and stablecoins if the expected Federal Reserve rate cuts materialize in 2024, given improvements in infrastructure and competitive returns. The report highlights stablecoins as catalysts for adoption, particularly in payments, remittances, and international trade. Regulatory clarity and stability are deemed crucial for the stablecoin market.
Huang BoSpot Bitcoin ETFs debut with over $4.5 billion in total trading volume on the first day. BlackRock's IBIT leads, Hashdex misses inclusion, and ProShares BITO sees substantial activity.
Xu LinFidelity Investments, a financial giant with $4.5 trillion in assets, files Form 8-A with the SEC for its Wise Origin Bitcoin Fund. This step marks a significant move toward a publicly traded crypto fund, emphasizing digital assets' integration into traditional portfolios.
Xu LinFidelity Wise Origin Bitcoin Fund filed a Form 8-A reporting approval to register its shares as securities on the Cboe BZX exchange.
JinseFinanceThe U.S. Securities and Exchange Commission its getting fresh paperwork for a spot bitcoin ETF from asset management giant Fidelity. The company joins other firms including BlackRock, WisdomTree and Invesco that have filed for similar funds.
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