Investment Giant Fidelity Could Allow Bitcoin Trading On Its Platform
Fidelity Investments might provide its clients with access to Bitcoin trading via its brokerage platform, according to a report from The Wall Street Journal. The firm has been highly engaged in crypto markets, and already announced products that will provide their wealthy clients with exposure to the cryptocurrency. Related Reading: Hive Blockchain To Mine Other […]
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Mutual fund Fidelity is denying claims that bitcoin can be used in self-directed IRAs (Individual Retirement Accounts) held through the company. On Wednesday, CNBC and MarketWatch both reported that Fidelity's investors could choose to invest funds in the Bitcoin Investment Trust (BIT). However, Fidelity was quick to deny the reports. Bitcoins for retirement - if you're a Fidelity client you can invest your self directed IRA in the Bitcoin Investment Trust. $25k minimum. - Mary Thompson (@MThompsonCNBC) December 11, 2013. Fidelity responded via twitter that it was not offering bitcoin....
After reporting on Wednesday that Fidelity users would be able to add Second Market's Bitcoin Investment Trust to their list of securities in their Individual Retirement Accounts [IRA], we here at CryptoCoinsNews must issue a correction. Fidelity has done an apparent 180 in the time that this story has gone viral. On Wednesday, it was first reported on Marketwatch that some Fidelity clients had been allowed to invest in the Bitcoin Investment Trust through their IRAs. However, earlier today, Fidelity's director of public relations Rob Beauregard said specifically in a phone interview: We....
Investment giant Fidelity will reportedly enable its 23,000 business clients to offer Bitcoin accounts for their workers’ 401(k)s later this year.
A leaked email reveals that Fidelity Digital Assets will offer not only Bitcoin (BTC) but also Ethereum (ETH) to its institutional clients starting October 28. The email was reportedly sent to clients. Fidelity Digital Assets is part of one of the most well-known asset managers in the world, Fidelity Investments. The giant oversees assets under […]
The international branch of investment firm Fidelity recently announced the launch of their first Bitcoin Exchange Traded Product (ETP) in Europe, according to a report from ETF Stream. Called Fidelity Physical Bitcoin ETF, the investment product will be listed on the Deutsche Boerse, the Frankfurt Stock Exchange, and will be list the SIX Swiss platform […]