Fidelity says poorer people can access more IPOs
As demand for US IPOs dries up, retail demand has become increasingly important, and brokerages like Fidelity are happy to accommodate.
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US senators call Fidelity’s bitcoin retirement plan “immensely troubling”
In the letter, Dick Durbin, Tina Smith, and Elizabeth Warren also called the decision to allow Fidelity’s users access to bitcoin “ill-advised.”