Fidelity Launches IRA That Allows Direct Investments in Crypto
Fidelity Investments has launched a new IRA plan that lets investors directly invest in crypto, including bitcoin, ether and litecoin.
The Fidelity Crypto IRA was launched Wednesday (April 2) and joins several crypto exchange-traded funds offered by Fidelity that enable investors to track the prices of digital assets without directly investing in them, CoinDesk reported Wednesday.
The new IRA plan meets clients’ demands for a tax-advantaged way to trade and hold crypto, according to the report.
A Fidelity spokesperson told CoinDesk, per the report: “Fidelity is committed to offering investment products and solutions to meet the changing needs and interests of our customers, accompanied by education and…
