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Through the new offering, employees will be able to invest in bitcoin through a Digital Assets Account (DAA) within the core lineup of their 401(k) plans, Fidelity said.
Given bitcoin's recent price volatility, it is hard to know when, if ever, bitcoin would begin to be considered a mainstream investment tool. Meanwhile, Fidelity's product is being offered despite ...
(Reuters) -Exchange operator Cboe on Friday refiled an application with the U.S. securities regulator to launch a bitcoin exchange-traded fund by asset manager Fidelity, saying it would work with ...
More investors will soon be able to add bitcoin to their 401(k) accounts. Fidelity Investments announced plans Tuesday to begin offering bitcoin as an investment option in its 401(k) retirement ...
Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024, [4] Fidelity ...
Fidelity Investments launched what it deems the industry's first offering that will enable investors to have a portion of their retirement savings allocated to bitcoin through the core 401(k) plan...
Financial firm Fidelity Investments has announced an expansion … Continue reading → The post What You Need to Know About Fidelity's New Bitcoin Offering for Your 401(k) appeared first on ...
Fidelity's filing follows bitcoin's surge to an all-time high of nearly $62,000 this month, the latest milestone in a meteoric rise partly fueled by bigger U.S. investors. Fidelity applies to ...