Number of 401(k) ‘millionaires’ jumped 41% last year, says Fidelity – CNN
Leonardo Muñoz/VIEWpress/Getty Images People walk past a Fidelity Investments branch on February 16, 2023 in New York City. new york CNN — More new 401(k) “millionaires” were created last year, but the overall number remains small, according to data released Tuesday. Thanks to the strong performance of stocks and bonds in 2023, as well as […]
BlackRock and Fidelity Bitcoin ETFs reach top 10 in January flows – Cointelegraph
BlackRock and Fidelity’s Spot Bitcoin Exchange Traded Fund (ETF) ranked among the ETFs with the highest flows in January, totaling about $4.8 billion. BlackRock’s iShares Bitcoin Trust (IBIT) ranks 8th with an estimated net flow of $2.6 billion, while Fidelity Wise Origin Bitcoin ETF (FBTC) ranks 10th with a net flow of $2.2 billion. Ta. […]
Fidelity Bitcoin ETF rakes in reported $208M, offsetting Grayscale outflows alone – Cointelegraph
Fidelity’s Spot Bitcoin (BTC) exchange-traded fund (ETF) recorded $208 million in daily inflows on January 29th, the first time it has received an inflow from the Grayscale Bitcoin Trust outside of its launch date. It is reported that the amount exceeded the outflow. According to provisional data According to Farside Investors, Fidelity’s inflows into FBTC […]