EDX Markets’ bid for a federal trust bank charter, backed by Citadel and Fidelity, aims to move crypto custody and settlement into the U.S. regulated banking system. The effort is a high-stakes test of whether Wall Street can internalize core crypto infrastructure under federal oversight.
Fidelity's Jurrien Timmer says ETP flows indicate investors who exited Bitcoin in late 2025—including some who moved into gold—are returning to BTC. The shift points to renewed institutional interest and could affect liquidity and price dynamics.
Arkham data shows Fidelity Investments accumulated more than $140 million worth of ETH last week, a sign of renewed institutional interest amid otherwise soft market conditions.
Fidelity told the SEC’s crypto task force it supports permitting broker-dealers to trade tokenized securities on alternative trading systems and pushing traditional finance infrastructure onto chains. The recommendation underscores a growing institutional push for clearer rules and on-chain settlement efficiency.
Fidelity Investments' latest analysis finds Bitcoin demonstrating exceptional resilience amid recent market pressures, pointing to sustained demand and on-chain strength. The firm sees this durability as a sign of growing structural support for BTC.
Fidelity says Bitcoin’s four‑year boom-and-bust rhythm may be fading as institutions, deeper liquidity, and changing ownership structures reshape its behavior. The firm argues this could push bitcoin into a longer-term macro asset role in investor portfolios.
Jurrien Timmer, Fidelity Investments’ director of global macro, suggested on Feb. 13, 2026 that $60,000 is likely the bottom for the current Bitcoin market cycle. The call signals potential downside limits for BTC and could influence institutional positioning.
Fidelity’s new stablecoin FIDD is being positioned to deliver faster settlements and lower costs, signaling a step-change in institutional adoption. Markets may see pressure on incumbents and a faster path for crypto payments and treasury use cases.
Fidelity Digital Assets has launched FIDD, a native stablecoin on Ethereum, with a circulating supply exceeding $59 million. The launch represents a significant institutional foray into on-chain stablecoins and could expand liquidity for institutional flows.
Fidelity has launched the FIDD ETF on the Ethereum network, and growing whale accumulation plus rising long positions point to strengthening on-chain demand. The move could widen institutional access to DeFi liquidity and bolster ETH flows, though market risks remain.