Fidelity updates ETF portfolio configuration, the allocation range for cryptocurrency investments will reach 1-3%

According to information disclosed by Will, co-founder of Reflexivity Research, on the X platform, asset management giant Fidelity has updated its exchange-traded fund product "Fidelity All-in-One ETF" portfolio configuration. The product now offers 4 different ETFs, with cryptocurrency allocation ranging from 1% to 3%. It is reported that according to Fidelity, this adjustment in cryptocurrency investment allocation is for strategically engaging with cryptocurrencies to enhance diversified investment levels. They also stated that "retaining a small amount of cryptocurrency configuration in the portfolio can bring higher return potential and serve as a hedge against traditional markets".