Fidelity To Allow Bitcoin Investments In Retirement Plans: Report Today

57

Fidelity Investments plans to allow investors to allocate part of their 401(k)s into bitcoin later this year, according to a report by The Wall Street Journal.

Fidelity, which manages employee benefit programs for nearly 23,000 businesses, is set to become the first major retirement-plan provider to allow bitcoin exposure in retirement accounts.

“There is a need for a diverse set of products and investment solutions for our investors,” said Dave Gray, Fidelity’s head of workplace retirement offerings and platforms, per the report. “We fully expect that cryptocurrency is going to shape the way future generations think about investing for the near term and long term.”

Read More:   JETCOOL Technologies To Release New Form Of Liquid Cooling For Bitcoin Miners Today


Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More