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Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin

2022.04.26 14:01

Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin
Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin

The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC).

The new Bitcoin retirement investment plan would go live later this year. It will allow over 23,000 companies associated with Fidelity to administrate their retirement accounts to offer Bitcoin investment options to the customers, reported The Wall Street Journal.

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