Fidelity Introduces Crypto IRAs for Bitcoin, Ethereum, and Litecoin

Fidelity Introduces Crypto IRAs for Bitcoin, Ethereum, and Litecoin

In an effort to incorporate bitcoin into American retirement planning, banking giant Fidelity Investments, which oversees more than $6 trillion in assets, has introduced a new line of Individual Retirement Accounts (IRAs). Direct investments in Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are possible through these tax-advantaged accounts, making Fidelity a leader in the mainstream use of cryptocurrencies. Two varieties of Roth IRAs, one...

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