What Fidelity Got Wrong In Bitcoin First

On January 18, financial services giant Fidelity published “Bitcoin First: Why Investors Need To Consider Bitcoin Separately From Digital Assets,” written by Director Of Research Chris Kuiper and Research Analyst Jack Neureuter.

For many in the space, institutional recognition of bitcoin being a separate entity from what is commonly referred to as “crypto” was seen as a net-positive for Bitcoin. Fidelity should be commended for this recognition, and its attempt at due diligence to understand bitcoin as a digital asset in its own class. However, this report shows that institutional education still has a long way to go.

Source link

What do you think?

Written by Blockchain Beat

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

New Russian Law ‘Will Dampen Public’s Interest in Crypto’, Says Biz Leader

BTC Charted a Bearish Double-Top, Now Facing Critical Support (Bitcoin Price Analysis)