Fidelity Investments offers a new IRA retirement plan, allowing investment in cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This reflects the increasing interest in crypto investments among investors.
Fidelity's New Investment Option
Fidelity Investments is introducing a new retirement IRA plan allowing investors to hold Bitcoin, Ethereum, and Litecoin directly, making it one of the few traditional financial firms offering this option.
No Fees, Customer Support Included
Unlike traditional retirement plans, Fidelity’s crypto IRA has no fees and can be set up as a Roth IRA, traditional IRA, or rollover IRA. A company spokesperson reaffirmed Fidelity's commitment to offering investment products to meet changing customer needs.
Fidelity Expands Crypto Options
Fidelity is actively expanding its crypto investment options, including filing for a Solana ETF on the Cboe Exchange. This indicates that digital assets are becoming a must-have for major investors.
As cryptocurrencies become more popular, traditional financial institutions must adapt. Fidelity is opening convenient and efficient avenues for clients to invest in digital assets through new retirement investment options.
