If you’re looking for a one-stop shop when it comes to your finances, you may be wondering if Fidelity Investments offers cryptocurrency services. Unfortunately, at this time Fidelity does not offer any direct way to purchase or hold Bitcoin or any other digital currency.
However, there are some indirect ways that you can gain exposure to cryptocurrency through Fidelity.
One option is to invest in the Winklevoss Bitcoin Trust, which is an exchange-traded fund (ETF) that tracks the price of Bitcoin. The Winklevoss brothers, who are best known for their involvement in the early days of Facebook, are behind this ETF.
While you can’t directly hold Bitcoin with Fidelity, you can own shares of the Winklevoss ETF and gain exposure to the cryptocurrency.
Another option is to invest in a company that is involved in the cryptocurrency space. For example, you could invest in an online retailer that accepts Bitcoin as payment or a company that manufactures cryptocurrency mining equipment.
While these companies are not directly involved in the buying and selling of Bitcoin, they are likely to benefit from the growth of the digital currency.
At this time, there is no direct way to hold Bitcoin at Fidelity Investments. However, there are some indirect ways to gain exposure to the cryptocurrency.
You can invest in an ETF that tracks the price of Bitcoin or a company that is involved in the cryptocurrency space.