Fidelity

Fidelity plans to enhance its near $900 million ether ETF by adding staking and quarterly payouts features. This move indicates expanding functionality for the crypto asset within the fund.

Fidelity requested the death certificate of the user's former sister-in-law, leading them to speculate about a potential windfall. The user compares the situation to 'buying a lottery ticket.'

Democratic Senator Catherine Cortez Masto supports the revised Clarity Act with law enforcement changes aimed at resolving crypto regulation. The bill, backed by two law enforcement groups, addresses developer protections and ethics, and has been sent to the White House for consideration. Bipartisan efforts continue amid remaining legislative hurdles.

SEC Chairman Paul Atkins expressed commitment to supporting the Crypto Clarity Act, a bipartisan bill aimed at creating a regulatory framework for cryptocurrency markets. The bill faces delays due to concerns from Democrats and banking lobbyists, but an updated version addressing ethics issues has been introduced.

BlackRock, Fidelity, and other Wall Street firms support the Clarity Act, which aims to improve transparency in financial markets. The legislation has backing from major investment companies.

Republicans are urging Democrats to support the Crypto Clarity Act, a bill aimed at establishing clear crypto regulations. The bill faces delays due to concerns over stablecoin yields and ethics, while bipartisan support exists despite criticisms from figures like Elizabeth Warren. A new draft bans officials from promoting crypto, and tensions arise over President Trump's family's crypto business interests.

Bitcoin ETFs experienced $475 million in outflows over two days, ending a seven-day winning streak, though they still saw $999.3 million in new investments over a seven-day period. Bitcoin's price dipped but remained stable over the week, with ETFs approved in 2024 after a decade-long SEC denial.

The Clarity Act's prospects decline despite support from Goldman Sachs, Fidelity, and law enforcement. BitMEX will close as the crypto market consolidates into five major players.

Economist Judd Kessler explains that lotteries often reveal existing demand rather than create it, using examples like Broadway ticket lotteries and SpaceX IPO allocations. Businesses use lotteries to manage scarce goods without raising prices, while governments use them for equitable distribution, such as Diversity Visas and national park access.

Fidelity has urged the US Senate to pass the CLARITY Act, aligning with industry groups and crypto firms advocating for legislative changes to market structure. The push emphasizes collaboration across the financial and cryptocurrency sectors to address regulatory needs.

Fidelity, a $7 trillion investment firm, supports the new Crypto Clarity Act, urging Senate passage to establish clear regulations for digital assets. The bill, backed by crypto groups and politicians, includes a ban on officials promoting crypto and addresses banking concerns over stablecoins. Fidelity, managing Bitcoin ETFs approved by the SEC in 2024, joins advocacy groups in pushing for legislative clarity despite opposition from Coinbase and banking leaders.

The article highlights seven Fidelity ETFs suitable for retirees, emphasizing low fees, steady income, and risk management. These ETFs include options for stocks, bonds, and high-yield investments, with expense ratios as low as 0.15% and varying dividend yields.

Bitcoin's price has shown recent fluctuations, with a brief seven-day high of $65,501 following softer-than-expected U.S. inflation data, but CoinShares reports caution due to macroeconomic headwinds like U.S.-Iran tensions and rising oil prices. While investor inflows into crypto exchange-traded products signal shifting sentiment, the report highlights limited upside potential and a 'worst run on record' with $8 billion withdrawn from crypto funds earlier this year.

Morgan Stanley CEO Ted Pick hinted at potential M&A opportunities during an earnings call, echoing strategies of his predecessor James Gorman. The article suggests possible targets like Schwab, Voya, T. Rowe Price, and UBS, focusing on expanding wealth management, retirement products, and international markets.

Fidelity's Lai highlights tokenization as a key strategy for pension funds to enhance balance-sheet management. The focus is on leveraging tokenization to optimize financial operations and risk mitigation in institutional investing.

Bitcoin is approaching a power law support line that Fidelity has monitored since 2015. The support line is a technical indicator tracked by the firm as part of its analysis of Bitcoin's price trends.

Vanguard, a major asset manager, has begun searching for a head of digital assets to develop its strategy in cryptocurrency and blockchain-based finance. The role involves evaluating areas like tokenization, stablecoins, and digital wallets, though Vanguard has not announced plans to launch its own crypto investment products.

A strategy authorizes Bitcoin sales, Open USD competes with USDT and USDC, Fidelity defends Bitcoin security, and the crypto industry increases political spending for 2026.

Institutional adoption of Bitcoin involves organizations like asset managers, corporations, and banks investing in BTC or creating related products. This trend accelerated after spot Bitcoin ETFs launched in January 2024, with participation across regulated institutional categories.

The Trump administration plans to launch Trump Accounts next week without allowing firms to host the children’s savings accounts on their platforms. Companies like Chime, Empower, Fidelity, and SoFi had hoped to enable rollovers from the Treasury Department’s app, developed with Bank of New York Mellon and Robinhood, but guidance on rollovers may not arrive until August.

Fidelity identifies five factors that could end the current crypto winter, including Bitcoin's four-year halving cycle, regulatory clarity via the CLARITY Act, Federal Reserve policy shifts, and emerging use cases like real-world asset tokenization and AI-related crypto infrastructure. Bitcoin's price remains below $60,000 in late June 2026, down 53% from its 2025 peak.

Fidelity rebuts claims that Bitcoin becomes less secure after halvings, arguing its fixed supply schedule does not undermine network security. The asset manager acknowledges miners face shrinking block rewards following each halving but maintains security remains intact.

Bitcoin price fell to $59,566, down over 10% in 24 hours and 53% from its all-time high. The decline was driven by ETF outflows, Federal Reserve rate uncertainty, and corporate Bitcoin sales, though some ETF inflows and institutional purchases emerged as potential stabilizing factors.

A Fidelity survey found nearly half of couples avoid discussing money to prevent arguments, with only 42% fully combining finances. Younger generations are more likely to keep accounts separate, but experts emphasize the importance of communication and transparency regardless of financial arrangement.

Fidelity has launched a money market fund aligned with the GENIUS Act, designed for stablecoin issuers. The fund exclusively invests in eligible reserve assets permitted under the legislation for such issuers.

Vanguard's 2026 report shows the average 401(k) balance is $167,970, but the median is $44,115, insufficient for retirement. Hardship withdrawals increased to 6% of participants, highlighting inequality and systemic issues in retirement savings. Plan design, not individual choices, determines savings outcomes.

Fidelity has joined Wall Street's competition to manage stablecoin reserves. This move reflects growing interest in stablecoin asset management among major financial institutions.

Spot bitcoin ETFs ended a five-day outflow streak with a $85.8 million inflow on Friday, led by BlackRock's IBIT and Fidelity's FBTC. Ether funds continued to decline during the same period.

Hardship withdrawals from 401(k) plans reached a record high in 2025, with 6% of participants using this option amid rising inflation and living costs. Experts warn of significant financial costs and recommend alternatives like loans or credit cards. The IRS and employers govern strict rules for qualifying needs, including medical expenses, education costs, and home purchases.

BlackRock and Fidelity are becoming dominant players in the bitcoin ETF market, effectively turning it into a two-firm market.

SpaceX is offering a larger portion of its IPO to retail investors through platforms like Charles Schwab and Robinhood, with up to 30% allocated compared to typical 5-10% in most IPOs. The company warns of potential stock volatility and risks, including high debt and recent financial losses, while noting historical IPO performance trends.

SpaceX is offering up to 30% of its IPO to retail investors through brokerages like Charles Schwab and Fidelity, lowering account minimums to $2,000. The company warns of potential stock volatility due to retail investor behavior and acknowledges significant debt and ongoing financial losses.

OpenAI, Anthropic, and SpaceX are among AI startups preparing for IPOs, raising concerns about market saturation and funding availability. SpaceX aims to raise $75 billion, while Databricks and Bending Spoons face challenges in a competitive landscape. Retail investor access and market demand for shares are highlighted as key factors.

SpaceX's IPO has a set price, but retail allocation remains uncertain. Brokerage platforms including Charles Schwab, Fidelity, Robinhood, SoFi, and Morgan Stanley's E-Trade are offering access to SpaceX shares.

The article outlines short-term investment options including certificates of deposit (CDs) with FDIC insurance but early withdrawal penalties, high-yield online savings accounts with liquidity and insurance, money market mutual funds with lower yields, stable-value funds within retirement plans, and I Bonds that adjust for inflation. Each option has trade-offs between yield, liquidity, and risk.

Spot Bitcoin ETFs experienced $1.7 billion in outflows over four consecutive weeks. BlackRock’s IBIT led the redemptions, with Fidelity and Grayscale funds also reporting outflows.

A new report from Fidelity indicates that more Americans are withdrawing from their 401(k)s prematurely. CBS News MoneyWatch correspondent Kelly O'Grady provides analysis on the trend.

Retirement account balances decreased in early 2026 due to market volatility, and more workers withdrew funds from their 401(k)s, according to Fidelity. The decline in average balances coincided with increased cash withdrawals by savers.

SpaceX is planning an initial public offering with shares to be made available on major retail investment platforms including Fidelity, Robinhood, and Charles Schwab. This will allow individual investors to purchase stock in Elon Musk's rocket and satellite company.

Senator Warren criticizes the OCC over its handling of crypto trust charters, including Ripple and Coinbase. The OCC granted conditional approvals to several firms, including Circle, Ripple, BitGo, Fidelity, and Paxos. This move has sparked criticism from Senator Warren.