Fidelity launches retirement plan that allows direct investment in cryptocurrency

BlockBeats News: On April 2nd, US financial giant Fidelity Investments launched a retirement plan that allows direct investment in cryptocurrencies, opening up a new channel for investors to allocate digital assets. According to the official website of Fidelity, this cryptocurrency IRA (Individual Retirement Account) product is open to all US citizens aged 18 and above, and supports three digital assets: Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). All cryptocurrency assets will be held by Fidelity through a cold wallet without any management fees. Investors can choose from three account types: Roth IRA, Traditional IRA, or Transfer IRA.