Cryptocurrency Q&A
Does fidelity have a bitcoin ETF in Canada?
Does fidelity have a bitcoin ETF in Canada?
Tommaso
Sun Jul 14 2024
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6 answers
1017
Could you please clarify if Fidelity Investments offers a Bitcoin Exchange-Traded Fund (ETF) specifically in Canada? With the growing popularity of cryptocurrencies and ETFs as a means of investing in these assets, it's crucial for investors to understand the availability of such products in their respective jurisdictions. Given Fidelity's extensive presence in the financial industry, it's natural to inquire about their offering in this space, particularly in Canada. Any information you could provide would be greatly appreciated.
6 answers
DigitalBaron
Tue Jul 16 2024
Globally renowned investment manager, Fidelity, has made a significant move into the cryptocurrency arena.
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KimonoElegance
Tue Jul 16 2024
Recently, the firm has launched a Bitcoin Exchange-Traded Fund (ETF) in Canada, aiming to capitalize on the growing interest in digital currencies.
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SejongWisdomKeeper
Mon Jul 15 2024
The ETF, tailored to track the price of Bitcoin minus any associated fees, provides investors with a regulated and convenient way to gain exposure to the cryptocurrency market.
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ethan_thompson_psychologist
Mon Jul 15 2024
However, in terms of assets under management, Fidelity's Bitcoin ETF is relatively small.
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Pietro
Mon Jul 15 2024
This could be attributed to the fact that it was launched considerably later than other similar products available in the Canadian market.
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