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Fidelity’s Digital Assets Account Offering Enables 401K Retirement Savers to Invest in Bitcoin

In Cryptocurrency by Jared KleeLeave a Comment

Futurum Analyst in Residence Jared Klee analyzes Fidelity’s announcement of its Digital Assets Account offering. Fidelity’s DAA is an industry-first offering for bitcoin in 401(k)s and Klee considers the impact 401(k) retirement savers who can invest in bitcoin will have on the market, how this is similar to the massive impact the first gold ETFs had on gold investing, and what this means for Fidelity’s competitive positioning.