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Fidelity expands crypto offerings as ASDeFi promotes daily mining rewards

Fidelity launched a stablecoin, a reserve fund and added staking to its Ethereum ETF, while ASDefi’s Digital Miner lets users earn daily crypto rewards from data‑center computing power.

Fidelity is deepening its institutional crypto infrastructure with three new products: the Fidelity Digital Dollar (FIDD) stablecoin, the Fidelity Reserve Digital Fund for stablecoin issuers, and a staking‑enabled Ethereum ETF that retains 85% of staking returns. At the same time, ASDeFi’s Digital Miner platform continues to offer individual investors a way to earn daily cryptocurrency rewards by purchasing NFT‑linked shares of data‑center hash power.

Fidelity’s new crypto products

  • Fidelity Digital Dollar (FIDD) – a stablecoin available to institutional and retail investors.
  • Fidelity Reserve Digital Fund – a money‑market fund designed to meet reserve‑requirement rules for stablecoin issuers.
  • Ethereum ETF staking – the nearly $900 million fund now distributes quarterly dividends and retains 85% of staking returns.

Investor behavior and market signals

On‑chain data shows Fidelity clients added roughly $134 million of Bitcoin holdings during a period of outflows from the firm’s FBTC ETF, suggesting a shift from passive ETF exposure to direct Bitcoin ownership. Bitcoin’s price remains above its 50‑day moving average, while volatility and spot trading volume are low.

AI competition and mining efficiency

Fidelity’s 2026 Mid‑Term Assessment notes an 8.8% drop in Bitcoin’s average hash rate over 30 days, attributing the decline to growing competition for electricity and data‑center capacity from AI and high‑performance computing workloads. Efficient, low‑cost renewable energy is therefore critical for mining profitability.

ASDeFi’s Digital Miner model

ASDeFi operates data centers in North America with over 16.7 million TH of computing power and more than 5 million users. The platform issues blockchain‑based NFTs that represent a share of the hash power. Users register, deposit major cryptocurrencies (BTC, ETH, USDT, USDC, LTC, XRP, BCH), select a mining contract and receive daily reward payouts. Example contracts range from a $15 one‑day “Check‑in” contract (≈$15.6 profit) to a $30,000 thirty‑day “Stable” contract (≈$47,100 profit).

Implications for investors

Fidelity’s suite of products signals a shift from experimental exposure to structured, yield‑focused crypto investments. Simultaneously, ASDeFi’s approach offers a retail‑friendly way to participate in mining without managing hardware or energy costs, highlighting the growing diversification of crypto revenue models.

Source & attribution

News Source

Publisher
crypto.news
Original date
August 28, 2026, 11:38 AM
Original headline
Fidelity cryptocurrency news: ASDeFi users are earning $3,000 in cryptocurrency daily through cloud mining
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