Fidelity Launches Crypto IRA for US Investors: No Fees, Bitcoin, Ethereum & Litecoin Offered

Fidelity has revolutionized crypto investing by launching retirement accounts accessible to US investors. These accounts allow them to trade Bitcoin, Ethereum, and Litecoin with a 1% transaction fee. The innovative accounts, available through Fidelity Digital Assets, offer traditional IRAs, Roth IRAs, and rollover options without any opening or maintenance fees. This move marks a significant shift in the financial industry as Fidelity expands its services into individual retirement accounts. The firm’s commitment to security is exemplified by utilizing offline cold storage for majority of assets, mitigating cyber risks. With crypto increasingly popular as part of long-term investment strategies, this initiative aims to attract and cater to investors seeking digital asset diversification.