Fidelity enters the market! According to the latest data, this traditional financial giant recently purchased $26.7 million worth of Bitcoin, continuing to increase its digital asset allocation. The movement of institutional investors has always been a market indicator—when large funds start to allocate to Bitcoin, it often signals that market enthusiasm is heating up. Behind this holding, it reflects that traditional financial institutions' attitude towards crypto assets is continuing to shift, and institutional-level Bitcoin purchase demand remains strong.

BTC0.21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
EntryPositionAnalystvip
· 12-17 10:19
Major institutions are really starting to accept it. $26.7 million may not seem like much, but it's a signal.
View OriginalReply0
PuzzledScholarvip
· 12-17 08:47
Large institutions are bottom-fishing, what are retail investors still hesitating about?
View OriginalReply0
DegenApeSurfervip
· 12-17 08:44
Big institutions are starting to buy the dip, now retail investors need to HODL even more.
View OriginalReply0
ForkItAllDayvip
· 12-17 08:34
Big institutions are really getting serious. This wave of the market is definitely going to take off.
View OriginalReply0
AirdropSweaterFanvip
· 12-17 08:32
Been waiting for traditional finance to enter the scene, and it's finally happening this time.
View OriginalReply0
NewDAOdreamervip
· 12-17 08:31
Fidelity is stacking coins again, traditional finance is finally catching on
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)