Fidelity to Offer Bitcoin to 401k Investors

Fidelity is offering 401(k) investors access to bitcoin, the first retirement-plan provider to do so
PUBLISHED TUE, APR 26 20228:18 AM EDT

Fidelity Investments said Tuesday it will offer investors the option to put bitcoin in their 401(k)s, making it the first provider to offer crypto for retirement savings.

The crypto offering will be available for 23,000 employers that use Fidelity to administer their retirement accounts by mid-year 2022. With $11.3 trillion in assets under administration, Fidelity is the nation’s largest retirement-plan provider and its decision could make crypto even more popular and mainstream.

www.cnbc.com/2022/04/26/fidelity-offers-401k-investors-access-to-bitcoin-a-retirement-plan-first.html?__source=google%7Ceditorspicks%7C&par=google#:~:text=Fidelity%20Investments%20said%20Tuesday%20it,accounts%20by%20mid-year%202022.