Fidelity announces crypto asset availability in Retirement plans later this year.
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 midyear 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.
Read more here: https://www.cnbc.com/2022/04/26/fidelity-offers-401k-investors-access-to-bitcoin-a-retirement-plan-first.html#:~:text=Fidelity%20Investments%20said%20Tuesday%20it,accounts%20by%20mid%2Dyear%202022.