Roundup: Bitcoin Infiltrates the 60/40 & Assessing Market Sentiment
Zack Morris | Research Analyst
Feb 15, 2024
Make Room 60/40: Fidelity Adds Bitcoin to Conservative All-In-One Canadian ETF
Fidelity, long seen as the biggest bitcoin advocate among the asset manager behemoths, stirred up conversation on X last week by adding a 1% bitcoin exposure to their Conservative All-In-One ETF offered in Canada.
The allocation comes on the heels of adding bitcoin exposure to the Growth and Balanced fund versions in January 2022. The model portfolios gain exposure to bitcoin through allocating to Fidelity’s own Advantage Bitcoin ETF launched in Canada in December 2021 (yes, spot bitcoin ETFs have been available to Canadian investors for over two years!).

Source: Fidelity



