Fidelity Investments is expanding its crypto offerings with a new crypto IRA, allowing investors to hold Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) directly in tax-advantaged retirement accounts.
Fidelity Introduces Crypto IRA With Bitcoin, Ethereum, Litecoin
Available to U.S. citizens aged 18 and older, it offers zero fees and can be set up as a Roth, traditional , or rollover. Fidelity stores assets in cold wallets via Fidelity Digital Assets, ensuring long-term security.
The move comes amid rising demand for crypto retirement investments. A TMX Vetta Fi survey found that 57% of financial advisors plan to increase their crypto ETF exposure. While ETFs remain popular, Fidelity provides a direct crypto holding alternative.
A Fidelity spokesperson stated, “We are committed to evolving with investor interests by offering secure and tax-efficient crypto investment solutions.”
Beyond this, Fidelity is expanding crypto investment options, recently filing for a Solana ETF on Cboe Exchange. As traditional finance leans further into crypto, Fidelity’s push signals digital assets are now a core investment class.
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