Fidelity Launches Crypto IRA, Expanding Access to Digital Assets for Investors

Fidelity Investments has significantly broadened its investment offerings with the launch of a new retirement plan that allows direct cryptocurrency purchases. The brokerage now enables U.S. residents aged 18 and above to invest in Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) through their platform. Fidelity will securely manage these assets, safeguarding them within its cold storage facility. Notably, this product comes with no fees and supports various IRA types – Roth IRAs, traditional IRAs, and rollovers. This initiative reflects the growing trend of financial advisors integrating crypto into their portfolios.