TechFlow news, Will, co-founder of Reflexivity Research, disclosed on X that asset management giant Fidelity has updated the portfolio allocation of its exchange-traded fund product "Fidelity All-in-One ETF." The product now offers four different ETFs, with cryptocurrency allocations ranging from 1% to 3%.
According to Fidelity, adjusting the cryptocurrency investment range is aimed at strategically gaining exposure to cryptocurrencies to enhance portfolio diversification. The company stated that "maintaining a small allocation to cryptocurrencies in a portfolio can offer the potential for higher returns and serve as a hedge against traditional markets."
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