Can you buy bitcoin via fidelity

Choose your subscription. According to Bloomberg , inside sources say Fidelity Investments plans to launch a Bitcoin trading platform. Could you be next big winner? Fidelity will be joining an increasing pool of institutional players beginning to offer Bitcoin trading. The next big bitcoin bull-run was supposed to be led by an incoming swathe of institutional money.

Key takeaways

Fidelity Investments is spinning off a stand-alone company dedicated to bringing cryptocurrencies to institutional yoj. Called Fidelity Digital Assets, the limited liability corporation based in Boston will provide enterprise-grade custody solutions, a cryptocurrency trading execution platform and institutional advising services 24 hours a day, seven days a week, designed to align with blockchain’s ffidelity trading cycle. But the fifth-largest asset manager in the world has largely limited its cryptocurrency exposure to a few peripheral services and through donations via their non-profit Fidelity Charitable. Dan Fidelity Digital Asset’s first customers being onboarded now, and general availability scheduled for earlythe launch of the subsidiary with employees marks the latest and perhaps the largest push into cryptocurrency by an institutional asset manager. The most elaborate of these appears to be custody services for bitcoin, ether and other digital assets. In particular, the service is being designed give institutional investors a compliant way to secure can you buy bitcoin via fidelity assets by holding them in a physical vault.

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In addition to launching a custody service, Fidelity Investments appears set to debut Bitcoin BTC trading for institutional clients. According to Bloomberg , inside sources say Fidelity Investments plans to launch a Bitcoin trading platform. Commenting on the matter to Bloomberg , Arlene Roberts, a spokesperson for the company said :. Currently, our service offering is focused on Bitcoin. Such a move would provide further institutional exposure to the top-ranked cryptocurrency. Back in , the company announced the launch of Fidelity Digital Asset s — a cryptocurrency custodial platform.

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Mutual Funds and Mutual Fund Investing — Fidelity Investments

By agreeing you accept the use of cookies in accordance with our cookie policy. Join overFinance professionals who already subscribe to the FT. Close drawer menu Financial Times International Edition. All Rights Reserved. Bitcoin BTC took off with its mainstream appeal since around mid We use cookies to give you the best online experience. Fidelity will be joining an increasing pool of institutional players beginning to offer Bitcoin trading. Pay based on use. Choose your subscription. An increasing number of traditional financial institutions are looking to offer cryptocurrency services. Back inthe company announced the launch of Fidelity Digital Asset s — a cryptocurrency custodial platform. For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news. Christine Vasileva 2 weeks ago. Renews monthly unless cancelled. Bitcoin has had its share of unnerving time periods — but over the last decade, it has been one of the best investable assets. Search the FT Search.