Fidelity Crypto Industry and Digital Payments ETF Price & Performance (FDIG)

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) saw a significant 58% drop in short interest as of April 15, even as institutional investors increased their holdings. Major players like Atria Wealth Solutions and Commonwealth Equity Services sharply boosted their positions, signaling renewed confidence in the ETF's prospects.12

The U.S. Securities and Exchange Commission has greenlit options trading for spot Ethereum ETFs from BlackRock and Fidelity. The initial approvals allow up to 25,000 contracts per side, mirroring rules for Bitcoin ETF options. This move is expected to enhance market liquidity and broaden investor access to Ethereum-based products.3

Fidelity Investments has introduced a new Individual Retirement Account (IRA) plan enabling direct investment in Bitcoin, Ethereum, and Litecoin. The offering, available in select states, comes with no account fees and is aimed at meeting growing demand for crypto exposure within tax-advantaged retirement portfolios, reflecting shifting client preferences.45