Fidelity Crypto Industry & Digital Payments ETF logo

Fidelity Crypto Industry & Digital Payments ETF (FDIG)

Market Closed
7 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
36. 74
-1.07
-2.83%
$
180.89M Market Cap
0.2% Div Yield
52,101 Volume
$ 37.81
Previous Close
Day Range
36 37.59
Year Range
20.52 43.7
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FDIG: Cheap, But Too Much Coinbase

FDIG: Cheap, But Too Much Coinbase

The Fidelity Crypto Industry and Digital Payments ETF is heavily correlated with Bitcoin and primarily invests in crypto-related stocks, including Coinbase and Bitcoin miners. Despite a bullish outlook on Bitcoin, I have concerns about FDIG's heavy exposure to Coinbase, which I currently don't favor. FDIG's price relative to Bitcoin is down 33% since July, making it cheap relative to Bitcoin, but key support levels must hold.

Seekingalpha | 6 months ago
FDIG: The Best Choice Among Flawed Crypto ETFs

FDIG: The Best Choice Among Flawed Crypto ETFs

The Fidelity Crypto Industry and Digital Payments ETF offers focused exposure to cryptocurrency-related companies, but I believe there are better alternatives for investors interested in the crypto and blockchain space. While FDIG is one of the better-performing ETFs in its category, it suffers from a high expense ratio (0.39%) and a steep bid/ask spread (0.88%), making it an inefficient choice. For investors looking to outperform Bitcoin, I recommend MicroStrategy, which has historically outperformed during bull markets. For broader blockchain exposure, buy FDIG's top 10 holdings directly.

Seekingalpha | 10 months ago