Cryptocurrency Q&A
Does fidelity advantage bitcoin ETF (ETF) meet the required criteria?
Does fidelity advantage bitcoin ETF (ETF) meet the required criteria?
Enrico
Fri Aug 30 2024
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5 answers
1162
Good day, I'm curious about the Fidelity Advantage Bitcoin ETF. Could you please elaborate on whether it fulfills the necessary criteria for investment? I'm particularly interested in its level of risk, potential returns, and whether it adheres to regulatory standards. Additionally, I'd like to know if it's a suitable option for diversifying my portfolio and if there are any specific factors that investors should be aware of before making a decision. Thank you for your time.
5 answers
JejuJoyfulHeart
Sat Aug 31 2024
It's worth noting that the ETF Fund invests directly in the Fidelity Advantage Bitcoin ETF®, providing investors with exposure to the cryptocurrency market.
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Michele
Sat Aug 31 2024
The Fidelity Advantage Bitcoin ETF Fund® (ETF Fund) has recently announced a change in its management fees for Series B and F.
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DongdaemunTrendsetterStyle
Sat Aug 31 2024
Prior to the effective date of January 12, 2024, Series B and F of the ETF Fund charged a management fee of 0.90% and 0.40% respectively.
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CryptoWizard
Sat Aug 31 2024
With the recent adjustment, Series B has seen a reduction in its management fee to 0.89%, while Series F has been reduced to 0.39%.
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Eleonora
Sat Aug 31 2024
This change in fees is a positive step for investors, as it means that they will be paying less in management fees over time.
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