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Fidelity Will Launch Bitcoin Funds "Fairly Soon", 2020 Is A "Watershed" For Bitcoin's Institutional Adoption, Says Exec
Summary: Christine Sandler, head of sales and marketing at Fidelity Digital Assets, states on the Unchained podcast that the Fidelity's Bitcoin fund which applied for SEC in August will be launched "fairly soon", but she did not provide a specific date. Sandler also says that Fidelity may open its services to retail investors at some point, ...
Christine Sandler, head of sales and marketing at Fidelity Digital Assets, states on the Unchained podcast that the Fidelity's Bitcoin fund which applied for SEC in August will be launched "fairly soon", but she did not provide a specific date. Sandler also says that Fidelity may open its services to retail investors at some point, adding: "we think about it all the time."
In addition, Sandler believes that 2020 does see wider adoption of the BTC or so-called "digital gold". It began to attract the attention of investors such as large institutions, hedge funds, high-net-worth individuals, and family offices. The turbulent 2020 has become a decisive year and a "watershed" for Bitcoin's adoption by institutions.
By Mary Liu
Tags: Bitcoin Fund,BTC,Christine Sandler,Fidelity
Link: Fidelity Will Launch Bitcoin Funds "Fairly Soon", 2020 Is A "Watershed" For Bitcoin's Institutional Adoption, Says Exec [Copy]
