{"id":27781,"date":"2020-08-26T20:39:01","date_gmt":"2020-08-26T17:39:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27781"},"modified":"2025-08-26T23:06:32","modified_gmt":"2025-08-26T20:06:32","slug":"fidelity-investments-president-files-for-new-bitcoin-fund","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fidelity-investments-president-files-for-new-bitcoin-fund\/","title":{"rendered":"Fidelity Investments President Files for New Bitcoin Fund"},"content":{"rendered":"<p>The president of Fidelity Investments, Peter Jabber, has filed documents for a new bitcoin investment fund for review by the U.S. Securities and Exchange Commission (SEC), according to <a href=\"https:\/\/www.forbes.com\/sites\/michaeldelcastillo\/2020\/08\/26\/fidelity-president-files-for-new-bitcoin-fund\/?utm_source=TWITTER&#038;utm_medium=social&#038;utm_content=3629336652&#038;utm_campaign=sprinklrForbesCrypto#7b82229445c9\" target=\"_blank\" rel=\"noopener noreferrer\">Forbes<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The Wise Origin Bitcoin Index Fund I, LP was established this year. Its offices are in the same building as Fidelity Investments&#8217; headquarters \u2014 in Boston.<\/p>\n<p>So far the fund has no investors, but the minimum investment is $100,000.<\/p>\n<p>The custodian will be Fidelity Brokerage Services LLC. The link between the fund and Fidelity Digital Assets&#8217; unit remains unclear.<\/p>\n<p>In June, Fidelity said that 36% of the 774 major clients surveyed in the US and Europe had already added digital assets to their portfolios. More than a quarter of respondents own bitcoin, and one in nine prefer Ethereum.<\/p>\n<p>Fidelity <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-investments-calls-bitcoin-a-store-of-value-and-a-hedge-against-financial-system-risks\">see<\/a> bitcoin as &#8216;an inspiring means of accumulation&#8217; and &#8216;an insurance policy&#8217; against problems in the traditional financial system.<\/p>\n<p>Previously Fidelity invested in mining company Hut8 and institutional crypto exchange OSL.<\/p>\n<p>Fidelity also uses the liquidity of the ErisX exchange to execute bitcoin purchases and sales on behalf of clients.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 full news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The president of Fidelity Investments, Peter Jabber, has filed documents for a new bitcoin investment fund for review by the U.S. Securities and Exchange Commission (SEC), according to Forbes.<\/p>\n","protected":false},"author":1,"featured_media":27782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1248],"class_list":["post-27781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fidelity-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27781"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27781\/revisions"}],"predecessor-version":[{"id":27783,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27781\/revisions\/27783"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/27782"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}