Global Family Net Worth Rankings: Notable Developments in Cryptocurrency Investments
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**They Are the World’s Richest Families**
The Johnson family behind Fidelity is one of the most prominent ones in the world after amassing a staggering $72.4 billion worth in just 11th place on the list. The recent approval by the US Securities and Exchange Commission (SEC) to operate a spot Bitcoin ETF, FBTC, has sparked immense interest and trust from the cryptocurrency community.
According to market data, Fidelity’s FBTC saw an unprecedented inflow of $121.9 million on December 11th, accounting for more than 50% of the total net inflow on that day. This is a significant milestone in the world of cryptocurrency investments.
What sets Fidelity apart from its competitors is its unique ownership structure, where the Johnson family controls 49% of the company’s shares and voting rights, making them the largest shareholder. Michael O’Reilly, the head of Fidelity’s digital assets division, emphasized that this private ownership allows them to take a long-term approach to cryptocurrency investment services.
In an interview with Fortune News, he highlighted the strategic advantage of being privately owned, allowing them to make decisions without external pressure or influence. This independence gives them the freedom to focus on long-term goals in areas like cryptocurrencies that many competitors may shy away from.
Fidelity’s significant growth and market dominance have sparked great interest among investors and the wider community, solidifying their position as one of the world’s wealthiest families.
Source: www.bitcoinbazis.hu
