Fidelity digital asset management unit is studying on-chain treasury and credit and stablecoins

Cynthia Lo Bessette, head of Fidelity's digital asset management division, does not believe there is enough demand for alternative cryptocurrency ETFs. Bessette added that an Ethereum staking ETF could be a matter of time, not whether it will happen. The company's digital asset management division is also looking at tokenization to include stablecoins in addition to on-chain government bonds and credit.