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Fidelity Report Says Portfolios Should Consider 5% Bitcoin Allocation - CoinDesk


www.coindesk.com 2020-10-13 20:26
Reading time: ~1 m

Fidelity Digital Assets recommended in a Tuesday report that investors “consider” diversifying 5% of their portfolios into bitcoin.

  • A disciplined 5% would position investors to capitalize on bitcoin's potential growth while protecting against losses, the cryptocurrency unit of the mutual fund giant wrote in its latest report on bitcoin's investment thesis.
  • "In a world where benchmark interest rates globally are near, at, or below zero, the opportunity cost of not allocating to bitcoin is higher," the report said.

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