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Fidelity has launched a retirement plan that allows direct investment in encryption.
BlockBeats news, on April 2, American financial giant Fidelity Investments launched a retirement plan that allows direct investment in Crypto Assets, opening up new channels for investors to allocate digital assets. According to information on Fidelity's official website, this Crypto Assets IRA (Individual Retirement Account) product is open to all U.S. citizens over the age of 18, supporting Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) as the three digital assets. All Crypto Assets will be custodied by Fidelity through a Cold Wallet, and no management fees will be charged. Investors can choose from three account types: Roth IRA, Traditional IRA, or Rollover IRA.