Fidelity Crypto: New IRA Plan Allows Direct Investment in Bitcoin, Ether, and Litecoin

Fidelity Investments, a leading financial services firm, has expanded its cryptocurrency offerings with the launch of Fidelity Crypto for IRAs, enabling investors to directly invest in digital assets within their retirement accounts.

Fidelity Crypto for IRAs, introduced on April 2, 2025, marks a significant step in integrating traditional retirement savings with the growing cryptocurrency market. This new offering allows U.S. adults aged 18 and over in eligible states to invest in Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) through Roth, traditional, or rollover IRAs. The move responds to increasing client demand for tax-advantaged ways to trade and hold crypto, reflecting the broader trend of mainstream financial institutions embracing digital assets.

Key Features of Fidelity Crypto for IRAs

• No Account Fees: Investors can open and maintain the account without any additional costs.

• Transaction Fees: A 1% spread is applied to the execution price of crypto buy and sell transactions.

• Enhanced Security: Most cryptocurrencies are stored in digital wallets not connected to the internet, ensuring robust security standards.

• Risk Awareness: The product is designed for investors with a high risk tolerance, acknowledging the volatile nature of cryptocurrencies.

• Eligibility: Available to U.S. adults aged 18 and over in eligible states, excluding California and Oregon.

Fidelity has been a pioneer in institutional crypto adoption since 2018 through its Fidelity Digital Assets division. The launch of Fidelity Crypto for IRAs builds on this legacy, providing individual investors with a regulated and secure platform to access digital assets. This move underscores Fidelity’s dedication to meeting the evolving needs of its clients while offering educational resources such as the “Decode Crypto” newsletter and “Covering Crypto Livestream” to help investors navigate the crypto market.

Read more: Fidelity, Deloitte and Amazon start Accelerator for DLT Startups

As of the launch date, Bitcoin had a market capitalization of approximately $1.7 trillion, Ethereum around $250.1 billion, and Litecoin ranked among the top 20 cryptocurrencies. By allowing direct investment in these leading digital assets, Fidelity Crypto for IRAs offers investors a way to diversify their retirement portfolios with exposure to the crypto market.

Fidelity is committed to empowering its clients with knowledge about cryptocurrencies. Through its learning center, clients can access articles, podcasts, webinars, and on-demand education tailored to both beginners and advanced investors. This focus on education ensures that investors can make informed decisions about their crypto investments.

In addition to the IRA offering, reports suggest Fidelity is exploring further innovations in the crypto space, such as testing a stablecoin through its digital assets arm. However, as of April 2025, Fidelity has not publicly confirmed these efforts, and details remain limited. The firm also submitted a proposal to the SEC for a blockchain-based U.S. dollar money market fund, indicating its ongoing commitment to tokenized assets.

The introduction of Fidelity Crypto for IRAs represents a landmark development in the cryptocurrency industry, bridging the gap between traditional finance and digital assets. As cryptocurrencies continue to gain mainstream acceptance, Fidelity’s latest offering provides a secure and accessible pathway for retirement investors to participate in this evolving market.