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On today’s show we’re taking a deep dive into cryptocurrencies with portfolio manager Reetu Kumra, and digital assets strategist Meghan Chen. Reetu and Megan look at the drivers of return for Bitcoin in the past, and also what’s driving Bitcoin and cryptocurrencies looking ahead – which includes institutional investor adoption, countries recognizing and accepting Bitcoin as legal tender, and investors looking for portfolio diversification or a store of value. Reetu and Megan also discuss risks and common criticisms, which stem from volatility driven by the uncertainty in Bitcoin’s value. One comparison for a store of value, is gold fluctuating in the 70’s and then stabilizing in the 80’s at it became more adopted.
Recorded on March 8, 2022.
At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.
FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.
4.9
88 ratings
On today’s show we’re taking a deep dive into cryptocurrencies with portfolio manager Reetu Kumra, and digital assets strategist Meghan Chen. Reetu and Megan look at the drivers of return for Bitcoin in the past, and also what’s driving Bitcoin and cryptocurrencies looking ahead – which includes institutional investor adoption, countries recognizing and accepting Bitcoin as legal tender, and investors looking for portfolio diversification or a store of value. Reetu and Megan also discuss risks and common criticisms, which stem from volatility driven by the uncertainty in Bitcoin’s value. One comparison for a store of value, is gold fluctuating in the 70’s and then stabilizing in the 80’s at it became more adopted.
Recorded on March 8, 2022.
At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.
FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.
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