Fidelity introduces retirement accounts with minimal-fee crypto investing 💼
Fidelity, managing $5.9 trillion in assets, introduces new retirement accounts facilitating minimal-fee crypto investments. These accounts include a tax-deferred traditional IRA and two Roth IRAs, allowing Bitcoin, Ether, and Litecoin trading. Fidelity Digital Assets, a subsidiary, offers these crypto IRAs.
The move indicates a shifting crypto landscape in the US, with strategies like strategic Bitcoin reserves and stablecoin IPOs gaining traction. Fidelity ensures security by storing most of its crypto assets in cold storage.
This innovation by Fidelity could signal changes in IRA environments where direct cryptocurrency purchases weren't common. Previous options included crypto ETFs and Bitcoin IRAs.
Source: cointelegraph.com ↗
Similar articles (19)
Fidelity Now Allows Customers to Invest in Bitcoin, Ethereum for Retirement
Fidelity launches crypto-focused IRA letting investors trade in bitcoin, ether and litecoin
Fidelity’s New Crypto IRA Could Be Huge for Litecoin – Here’s Why
Fidelity launches no-fee crypto IRA for US investors
Fidelity Launches New Crypto Retirement Accounts to Capture Financial Trends
Fidelity and Grayscale Introduce Fresh Crypto Investment Options for US Investors
Fidelity opens the doors to the future of retirement: Bitcoin, Ethereum, and Litecoin in retirement accounts
Fidelity To Allow Investments In Crypto Via Individual Retirement Accounts
Fidelity Introduces Innovative Crypto Retirement Accounts
JUSt IN: And Fidelity Announces Anticipated Major Cryptocurrency Development – It Involves Bitcoin and Two Altcoins
Fidelity Launches Crypto IRAs with Bitcoin, Ethereum, and Litecoin Exposure
Fidelity crypto IRAs make their debut – All you need to know!
Fidelity Launches Crypto IRAs
Fidelity Debuts Crypto IRA with Bitcoin, Ethereum and Litecoin Options
Fidelity Expands Crypto IRA Options to Include Litecoin for Retirement Investments
Fidelity Investments Launches Cryptocurrency IRA, Enabling Direct Bitcoin (BTC) Investment for Retirement Plans
FIDELITY LAUNCHES RETIREMENT PLAN ENABLING DIRECT CRYPTOCURRENCY INVESTMENT
Fidelity Launches Crypto IRAs: Explore Retirement Investment Options in Bitcoin, Ether, and Litecoin