A new source of BTC demand is emerging. BTC-focused perpetual preferred stocks have accumulated more than 135,000 BTC in just over a year, despite representing only a fraction of the global fixed income market. What could happen if adoption expands? 🔗 Read our latest research:

🚨 Live tomorrow at 12:00 p.m. ET: What's moving today's digital asset market? Join Fidelity Digital Assets Research Analysts Max Wadington and Matt Hogan for the next Covering Crypto Livestream as they break down the economic forces shaping digital asset prices and answer your questions live. Can't make it? Register to receive the on-demand replay:

As financial activity continues moving on-chain, the role of stablecoins is evolving. Learn what led to the creation of Fidelity Digital Dollar (FIDD) and how we're preparing for the next stage of digital finance:

The latest quantum-related headlines have sparked renewed discussion about the future of digital assets. An important distinction: Building for long-term resilience is different from anticipating near-term disruption. Researchers are already evaluating quantum-resistant cryptography for Bitcoin, including hash-based signature schemes and the trade-offs they may introduce around security, scalability, and usability. ➡️ Our recent research takes a closer look:

Four events. Three cities. Meet members of our team at: 📍 Digital Assets Week 📍 The Digital Asset Conference 📍 Plan ₿ Forum | @LuganoPlanB 📍 Merge Madrid | @mmerge_io Attending any of these events in Europe? Get in touch:

Happy 15 years, Litecoin! 🎉 Since its initial launch, Litecoin remains one of the longest-running digital asset networks, with nearly 79 million LTC in circulation and a global ecosystem of users, developers, miners, and businesses.

Who decides the future of Bitcoin? Bitcoin has no CEO, board, or central authority. Yet the network continues to evolve. The real answer lies in the relationship between users, nodes, miners, and the economic incentives that shape the network. Read more in our newest research:

As digital asset markets mature, firms are looking beyond storage and asking a deeper question: What does institutional-grade custody actually look like? The answer extends beyond wallet structure. Effective custody infrastructure should balance security, liquidity, privacy, and operational resilience while giving institutions the flexibility to participate in digital assets at scale. At Fidelity Digital Assets, our custody model combines robust key management and risk controls with asset segregation. Assets are distributed across multiple wallets, addresses, key groups, and storage environments, while ownership and entitlements are maintained through rigorous controls. This approach is designed to support: • Privacy by reducing direct linkage between blockchain addresses and client holdings • Risk management through the distribution of assets across multiple wallets and storage environments, avoiding concentration in any single location • Liquidity by maintaining access to assets needed to facilitate trading, transfers, and client activity at any time while the majority of assets remain protected in deep cold storage • Flexible entitlement structures and infrastructure designed to scale to meet the evolving and unique client operational needs Combined with 24x7 on-site security, hardened storage facilities, and multi-person approval requirements, these measures are designed to help eliminate single points of failure while supporting the highest standards of asset protection. As institutions evaluate custody providers, understanding how assets are safeguarded is as essential as understanding where they're held. Interested in learning more about our approach to institutional digital asset custody? Get in touch:

Since 2014, we've been combining deep financial expertise with hands-on digital asset experience. What started as early research has evolved into custody and trading capabilities designed for institutional investors. Get in touch to learn more about Fidelity Digital Assets:

What could Ethereum look like by the end of the decade? The @ethereumfndn’s Strawmap lays out a vision built around five "north stars" aimed at scaling the network for broader adoption. Get an overview of the roadmap, its key upgrades, and what it may mean for investors:

Spot bitcoin ETPs have now faced their first major stress test. Despite a ~50% BTC drawdown, assets have declined only ~14% from peak levels. We'll be watching whether this dynamic continues as the asset class encounters future volatility.

BTC diverged from stocks, gold, and global liquidity. The question: Has BTC changed, or is global liquidity flowing elsewhere? Explore the data in @ChrisJKuiper's latest research:

As digital assets mature, the conversation is increasingly shifting beyond the assets themselves. Market structure. Custody. Liquidity. Regulation. Understanding how these pieces fit together is essential for investors evaluating the space. Interested in learning more? Get in touch:

Four years ago today, Ethereum’s Merge completed the network’s transition from proof-of-work to proof-of-stake, reducing energy consumption by ~99.95% and laying the foundation for Ethereum’s scaling roadmap.

Excited for Day 2️⃣ at @FutureProof_HQ! We've enjoyed connecting with advisors and discussing how Fidelity Crypto for Wealth Managers can help streamline access to digital assets by bringing them alongside traditional assets. Interested in learning more? Get in touch:

Is BTC responding differently than some AI-driven markets? Since June 22: • KOSPI fell nearly 40% at its lows • TAIEX fell 16%+ at its lows Meanwhile, BTC priced in KRW and TWD has shown a different pattern. 📊 Noise, or something worth watching? Research Analyst Zack Wainwright breaks down the answer.

August 25, 2015: @litecoin's first halving. 11 years later, that milestone remains a key moment in Litecoin's history, reflecting the dedication of the developers, miners, and community who've helped shape the journey from then to now.

The conversation around BTC is evolving. For pensions, foundations, and other long-term allocators, the question may no longer be "Why own BTC?" but "Why remain at zero?" Read VP of Research @ChrisJKuiper's recent report, exploring BTC through the lens of portfolio construction and the potential cost of exclusion:

30 days until @thestablecon! Looking forward to connecting with thought leaders from across fintech, payments, and policy to explore the evolving role of stablecoins. Attending? Get in touch ahead of the event:

Should digital assets have a place in your portfolio? VP of Research @ChrisJKuiper joins the Covering Crypto team on Aug. 11 at 12:00 p.m. ET as they unpack new research, discuss digital assets' potential, and take questions live. Register now: