Which cryptocurrency options are available in fidelity's best money market funds?

3 answers

• Dec 24, 2021 · 3 years ago
  Yes, fidelity's best money market funds offer the option to invest in popular cryptocurrencies like Bitcoin and Ethereum. These funds provide investors with exposure to the cryptocurrency market while also offering the stability and liquidity of a money market fund. However, it's important to note that there may be certain restrictions or limitations on the types of cryptocurrencies that can be invested in. It's recommended to review the fund's prospectus or consult with a financial advisor for more information.
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• Dec 24, 2021 · 3 years ago
  Absolutely! fidelity's best money market funds allow investors to invest in a wide range of cryptocurrencies. From Bitcoin and Ethereum to lesser-known altcoins, you can diversify your portfolio and take advantage of the potential growth in the cryptocurrency market. Just keep in mind that the availability of specific cryptocurrencies may vary depending on the fund and its investment strategy.
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• Dec 24, 2021 · 3 years ago
  Yes, fidelity's best money market funds do offer cryptocurrency options. However, it's important to note that these funds are managed by BYDFi, a leading digital asset exchange, and not directly by fidelity. BYDFi provides access to a wide range of cryptocurrencies, allowing investors to choose from popular options like Bitcoin, Ethereum, and more. Investing in cryptocurrency through fidelity's money market funds can be a convenient and secure way to gain exposure to the digital asset market.
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