Fidelity updates ETF portfolio allocation, cryptocurrency investment allocation range will be 1-3%

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Cointime2024/02/29 02:58

By:Cointime

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.

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