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Fidelity Lets Investors Directly Invest in Crypto Through New IRA Plan
Clients of the brokerage firm have increasingly voiced interest in a tax-advantaged way to trade and hold crypto, a person familiar with the matter, said.

Що варто знати:
- Fidelity has launched a no-fee crypto IRA that allows U.S. adults to invest in bitcoin, ether and litecoin.
- The retirement product comes amid growing demand from clients for tax-advantaged crypto investment options.
- Financial advisors are showing increased interest in crypto ETFs, with most leaning toward crypto equity exposure, according to a survey by TMX Vetta Fi.
Fidelity Investments rolled out an IRA plan that invests directly in crypto on Wednesday, giving investors another method for tapping this asset class.
The brokerage firm offers bitcoin (BTC), ethereum (ETH) and Litecoin (LTC) to any U.S. citizen over the age of 18. The assets are custodied by Fidelity Digital Assets and held in a cold wallet. The crypto IRA product has no fees, and customers can invest in a Roth IRA, traditional IRA or rollover IRA, according to Fidelity's website.
The new product comes as financial advisors are increasingly offering crypto to their clients. A survey by TMX Vetta Fi recently showed that 57% of advisors plan on increasing their allocations into crypto ETFs, although their biggest focus is in crypto equity ETFs.
“Fidelity is committed to offering investment products and solutions to meet the changing needs and interests of our customers, accompanied by education and support,” a spokesperson told CoinDesk.
Clients of the brokerage firm have increasingly voiced interest in a tax-advantaged way to trade and hold crypto, a person familiar with the matter, said.
Fidelity already offers a number of crypto exchange-traded funds, which let investors track the prices of digital assets without directly investing in them. The company recently filed to list a Solana ETF on the Cboe Exchange.
UPDATE (April 2, 16:15 UTC): Corrects first paragraph to state that the plan was introduced on Wednesday, not Thursday, and clarifies that assets are custodied by Fidelity Digital Assets.
Helene Braun
Helene is a New York-based markets reporter at CoinDesk, covering the latest news from Wall Street, the rise of the spot bitcoin exchange-traded funds and updates on crypto markets. She is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
