Fidelity has launched a no-fee crypto IRA allowing U.S. adults to invest in BTC, ETH, and LTC.
The retirement plans support Roth, traditional, and rollover IRAs, with assets stored in cold wallets.
Fidelity is also expanding into ETFs and exploring its own stablecoin through its digital asset division.
Fidelity Investments, one of the biggest names in the finance game with about $6 trillion in assets under management, just launched something that’ll turn some heads: a no-fee crypto IRA.
Yep, folks can now stick Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) into their retirement portfolios, tax-advantaged and all. The info dropped quietly via an update to Fidelity’s official website—no huge splash, but a pretty big move.
Crypto in Your IRA? That’s Now a Thing
This isn’t a surprise to anyone who’s been following the trend. Clients have been asking for a more direct way to invest in crypto for retirement—and it seems like Fidelity’s finally answering that call.
According to the company, any U.S. adult over 18 can now open a crypto IRA with no fees, and choose between a Roth, traditional, or rollover plan. The digital assets will be allocated and stored by Fidelity, using cold storage wallets—which, as you probably know, means they’re offline and a lot harder to mess with.
“We’re here to meet the changing needs of our customers,” a Fidelity spokesperson said on Wednesday, adding that they’ll also offer education and support to help folks navigate the space.
More Than Just IRAs
Fidelity’s crypto push has been picking up steam. They already offer Bitcoin and Ethereum ETFs, and they’ve recently filed for a Solana (SOL) ETF too, which would trade on the Cboe exchange if approved.
And that’s not all—they’re also reportedly working on their own stablecoin, which would function like digital cash and be fully developed in-house by Fidelity’s digital asset team.
In other words? This isn’t a side project. Fidelity’s making crypto a core part of its future.
