Fidelity is Looking for a New Fund Manager to Run Cryptocurrency Fund

Source: CCN, originally published on .

https://www.ccn.com/fidelity-is-looking-for-a-new-fund-manager-to-run-cryptocurrency-fund/.

Fidelity Investments has reportedly paused operations with its much-celebrated cryptocurrency fund after the reported departures of key members. Fidelity launched a cryptocurrency-focussed investment fund in 2017. The firm made use of extra funds, after a careful settlement of the balance sheet, to invest in the high-risk, high-return asset class. However, a report on June 9, 2018,

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