Wall Street financial giant Fidelity said that pension funds are beginning to explore the allocation of Bitcoin, especially after the approval of the Bitcoin spot ETF earlier this year. Fidelity has been bullish on Bitcoin for many years. It launched a digital asset branch in 2018 and successfully brought the Bitcoin ETF to the market earlier this year. Compared with its competitors, Fidelity's ETF has attracted a lot of funds. Manuel Nordeste, vice president of Fidelity Digital Assets, said that the company is in contact with large pension funds and other institutional investors about allocating Bitcoin. Nordeste said at a recent event: Now, we are starting to talk to large, real money institutional investors, and we are getting some of these customers, as well as enterprises and so on.
