A recent report from Fidelity Digital Assets reveals a pivotal development in Bitcoin’s supply dynamics: for the first time in the cryptocurrency’s history, the volume of BTC untouched for 10 years or more—known as “ancient supply”—is now expanding faster than the rate of new issuance. Drawing on data from Glassnode, ...
Fidelity Investments has filed a request with the U.S. Securities and Exchange Commission (SEC) to introduce a tokenized share class for its blockchain-based U.S. dollar money market fund. The proposal seeks approval to launch an "OnChain" share class of the Fidelity Treasury Digital Fund (FYHXX), which holds cash and U.S. ...
Blockchain oracle network Chainlink has joined forces with Fidelity International and crypto bank Sygnum to bring net asset value (NAV) data on-chain. This collaboration, as detailed in a statement released Wednesday, July 3, 2024, seeks to enhance transparency and accessibility for NAV data in tokenized assets. Net Asset Value (NAV) ...
The U.S. spot Bitcoin ETF market began July with a significant boost, as net inflows reached a promising $129 million on the trading day ending Monday, July 1, 2024. According to data released by Farside Investments on Tuesday, July 2, Fidelity Investments' $FBTC led the charge with a $65 million ...
Wise Origin Bitcoin Trust by Fidelity Investments has become the second after BlackRock's spot Bitcoin ETF to cross the $1 billion mark of Bitcoin assets under management (AUM). This development came less than 24 hours after BlackRock crossed the milestone. BitMEX's report, published on Friday, January 19, 2024, revealed data ...
