Fidelity Canada to Increase Bitcoin Exposure to Two Traditional ETFs

Time:2022-01-11 Source: 804 views Trending Copy share

On January 12, Fidelity Investments Canada announced that it plans to add a portion of the small bitcoin exposure to the Fidelity All-in-One Growth ETF and Fidelity All-in-One Balanced ETF and the corresponding mutual fund version, the Fidelity Advantage Bitcoin ETF. will be added.

Two traditional All-in-One ETFs are low-risk ETFs, Fidelity said, and the adjustment will bring the fund's risk rating to "moderate."

The decision to add a small Bitcoin allocation to traditional funds is due to its diversification benefits and potential to enhance future risk-adjusted returns.

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