Investor Focus Misdirects Fidelity ‘Bitcoin First’ Report Today

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On January 18, financial services giant Fidelity published “Bitcoin First: Why Investors Need To Consider Bitcoin Separately From Digital Assets,” written by Director Of Research Chris Kuiper and Research Analyst Jack Neureuter.

For many in the space, institutional recognition of bitcoin being a separate entity from what is commonly referred to as “crypto” was seen as a net-positive for Bitcoin. Fidelity should be commended for this recognition, and its attempt at due diligence to understand bitcoin as a digital asset in its own class. However, this report shows that institutional education still has a long way to go.

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