Fidelity Investments has purchased 1,005 Bitcoin (BTC) valued at around 105.7 million USD and 27,174.77 Ethereum (ETH) worth approximately 60.5 million USD. This strategic move emphasizes Fidelity’s increasing interest in the cryptocurrency market.
The acquisition reflects a broader trend among major financial institutions acknowledging the potential of cryptocurrencies. Excitement has been generated in the crypto community, as many view Fidelity’s investment as a bullish signal for the industry’s future.
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