$10 trillion asset manager Fidelity focused on Bitcoin after 90% of clients ask about Bitcoin

"Bitcoin is our key focus now. While the cryptocurrency world sees regular cycles of hype around newly created cryptocurrencies, Fidelity is focused for the moment on Bitcoin which was born in early 2009."

Christine Sandler, head of sales and marketing for Fidelity Digital Assets, says that up until early this year 90% of Fidelity's biggest clients were asking about Bitcoin.

"We're dealing with the more traditional investors and the entry vehicle to this space is largely Bitcoin"

She adds the interest for altcoins is "not anything close to what we see in Bitcoin."

Fidelity has applied for a Bitcoin ETF and has been mining Bitcoin since 2015 using hydropower from Canada.

Source