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Fidelity Sees Huge Bitcoin Potential in $150 Trillion Bond Market

By Kevin Helms

Bitcoin-focused preferred stocks could draw more income-seeking capital into cryptocurrency purchases, a new Fidelity analysis suggests. The firm sees room for growth within the $150 trillion global fixed-income market, with investment outcomes tied to bitcoin’s performance and issuer strength. How a $150 Trillion…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Bond

A loan made by an investor to a government or company, which pays interest and returns the money on a set date.

Bond yields set the baseline for borrowing costs across an economy.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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