Fidelity Investments is one of the world’s largest asset managers with over $2.46 trillion in assets under management (AUM) as of December 31, 2019.
The firm offers investment management, retirement planning, estate planning, financial planning, and brokerage services to individuals, families, and institutions.
NOTE: WARNING: Trading Bitcoin through Fidelity is an extremely high-risk activity and should only be undertaken by experienced investors. Cryptocurrency markets are highly volatile and involve significant risks, so please exercise caution when trading any digital asset. Additionally, always do your own research before investing in any digital currency.
Fidelity does not currently offer trading in Bitcoin or any other cryptocurrency. However, the firm is considering adding cryptocurrency trading to its platform in the future.
In a statement to CNBC, Fidelity said: “We’re exploring how we can serve our customers in this emerging asset class.”.
Fidelity Investments is one of the world’s largest asset managers and it does not currently offer trading in Bitcoin or any other cryptocurrency. The firm is considering adding cryptocurrency trading to its platform in the future.
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Fidelity Investments has been a major player in the financial world for decades. The company manages trillions of dollars in assets and provides a wide range of services to its clients. Recently, Fidelity has been turning its attention to the cryptocurrency world.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
As the world’s largest asset manager, Fidelity Investments has been watched closely for its involvement in the cryptocurrency space. The firm launched its first cryptocurrency product in August 2018, allowing users to track the prices of four major digital assets. In October, Fidelity added Bitcoin (BTC) trading to its institutional brokerage platform.
As the world’s largest asset manager, Fidelity Investments is no stranger to change. The company has been an early adopter of new technologies and has always been at the forefront of innovation. So it should come as no surprise that Fidelity is now offering a Bitcoin IRA.
As the world’s largest asset manager, Fidelity Investments has been closely watched for its stance on cryptocurrencies. The company has been slowly but surely dipping its toes in the crypto waters, and its most recent move is the launch of a Bitcoin (BTC) exchange-traded fund (ETF). The Fidelity Bitcoin ETF will be traded on the Toronto Stock Exchange, and it will track the digital asset’s price movements.
As the world’s largest asset manager, Fidelity Investments is no stranger to Bitcoin and cryptocurrency. The company has been investigating blockchain technology since 2014 and even launched a dedicated cryptocurrency trading and storage platform for institutional investors in 2018. However, Fidelity does not currently offer a way for retail investors to buy Bitcoin directly through its platform.
