Editor's PiCK
Fidelity Launches Virtual Asset Investment Service for Individual Retirement Accounts (IRA)
JH Kim
Summary
- Fidelity announced the launch of a virtual asset investment service through Individual Retirement Accounts.
- U.S. residents aged 18 and over can purchase BTC, ETH, and LTC, and the assets are stored in Fidelity's cold wallet.
- The service also offers a fee waiver benefit.
According to CoinDesk, a cryptocurrency-focused media outlet, on the 2nd (local time), Fidelity, a major asset management company in the United States and issuer of the Bitcoin (BTC) spot Exchange-Traded Fund (ETF), has launched a service that allows investment in virtual assets through Individual Retirement Accounts (IRA).
U.S. residents aged 18 and over can purchase BTC, Ethereum (ETH), and Litecoin (LTC) through an IRA, and the assets are stored in Fidelity's cold wallet.
Meanwhile, the service fee is waived.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
