This Crypto ETF Looks Well-Positioned Ahead of Presidential Election
With the U.S. Presidential Election just around the corner, the Fidelity Crypto Industry and Digital Payments ETF (FDIG) appears to be well-positioned to potentially benefit from the results.
I’m bullish on FDIG and its portfolio of crypto-related stocks, which could enjoy significant tailwinds in the event of a Trump victory. While the fund is not particularly diversified, it offers plenty of exposure to the digital asset space, which could thrive in a Trump administration. FDIG also features a lower expense ratio than many of its peers. Additionally, sell-side analysts foresee potential upside of over 30% over the next 12 months, making FDIG a compelling investment opportunity.
Launched by Fidelity in 2022, FDIG is a relatively…
