Fidelity exec says most investors should have some Bitcoin allocation
The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis.
Matt Horne, the head of digital asset strategies at Fidelity Investments, argues investors should allocate at least a small portion of their portfolios to Bitcoin (BTC), regardless of their investment thesis on the decentralized currency.
In a June 4 CNBC report, Horne alluded to the problem of analysis paralysis plaguing many traditional investors and asset managers when it comes to investing in Bitcoin and the digital asset market:
“That’s why you just have to understand why you might want to own this, understand the potential of this technology, and then position accordingly,” he added.
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Author: Vince Quill
