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Can You Buy Bitcoin ETFs in Your Fidelity 401(k)?

Bitcoin ETFs in Your Fidelity 401(k)

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If you are building your retirement portfolio, you’re likely keeping an eye on Bitcoin ETFs, a hot topic in traditional finance this year. These new vehicles offer a familiar way to invest in Bitcoin. Naturally, questions arise: Should you add Bitcoin to your retirement mix? How can you invest your 401(k) in a Bitcoin ETF?  

If you’re intrigued by Bitcoin’s potential growth and want to explore its role in your retirement strategy, this article is your guide. We’ll help you navigate these questions and find the perfect tool to achieve your goals. 

Can I invest in a Bitcoin ETF through my Fidelity 401(k)? 

Unfortunately, with the current limitations (as of May 16, 2024), investing directly in a Bitcoin ETF through your Fidelity 401(k) isn’t possible. There are three main reasons for this: 

  • 401(k) Investment Options: Many employers haven’t yet added Bitcoin ETFs as investment choices within their 401(k) plans. These plans tend to be more conservative and take time to incorporate new asset classes. 
  • Fidelity’s Stance: Even though Fidelity offers Bitcoin trading through its retail accounts, they don’t currently allow Bitcoin ETFs within their 401(k) offerings. They do offer other ways to gain exposure to Bitcoin through their platform, but outside of retirement accounts. 
  • Regulation: There are still regulatory uncertainties surrounding Bitcoin and its use in retirement accounts. 
Alternative options 

1.Want Bitcoin Exposure through a Bitcoin ETF? 

While directly investing in a Bitcoin ETF through your 401(k) isn’t currently available, there’s hope for the future. The landscape of 401(k) investment options is evolving. As Bitcoin ETFs become more established, your employer’s plan might offer them in the coming years. Staying informed and discussing options with your employer can help you stay ahead of the curve. 

2. Looking to Start Now? Explore a Crypto IRA. 

Bitcoin has the potential for significant growth over the long haul. By starting to invest now, you could benefit from compounding returns – where your earnings generate even more earnings over time. The sooner you begin, the greater your potential nest egg could be down the road. 

Crypto IRAs are self-directed IRAs that allow for investing in cryptocurrencies like Bitcoin. This option offers the potential for higher returns compared to traditional retirement investments.  

Advantages of Crypto IRAs over Bitcoin ETFs   

Understanding the advantages of Crypto IRAs over Bitcoin ETFs can provide clarity to investors:   

  • Direct Ownership and 24/7 Control: Forget limited trading hours. With Crypto IRAs, you can typically trade anytime, day or night.   
  • Tailored Crypto Portfolio: Unlike Bitcoin ETFs, which only hold Bitcoin, Crypto IRAs offer the freedom to pick and choose different cryptocurrencies.  Craft a portfolio that aligns with your investment goals.  
  • Unleash the Potential:Bitcoin ETFs often dilute the potential gains of the cryptocurrency.  With Crypto IRAs, you capture the full upside of your chosen assets, maximizing your returns. 
What steps do I need to take to invest in Bitcoin through my 401(k)?   

The process for converting a 401(k) into a Crypto IRA requires moving funds from your retirement account into a self-directed IRA. Your chosen platform should be able to assist you with the whole process. These are typically the steps:  

1. Choose a reliable Crypto IRA company and open an account. 

2. Rollover your 401(k) funds once your account has been set up. 

3. Start purchasing digital currencies.    

 Choosing the Best Crypto IRA Provider 

If a Crypto IRA aligns with your goals, consider factors like the provider’s reputation, investment options, security measures, and customer support.   

Among the options available, BitcoinIRA¹ emerges as an outstanding choice within the cryptocurrency landscape. Here’s why BitcoinIRA excels in meeting the most critical requirements:  

  • Extraordinary Reputation: BitcoinIRA garners accolades andrecognition across various analyses, solidifying its status as the foremost Bitcoin IRA provider. Notably, esteemed experts laud BitcoinIRA for its pioneering role as the first Bitcoin IRA platform. Moreover, its collaborations with prominent financial media outlets underscore its credibility and reliability.  
  • Unwavering Security²: By entrusting most client assets to BitGo—the world’s premier Bitcoin transaction processor—BitcoinIRA fortifies its security measures. Robust features such as multi-signature digital wallets, secure custody solutions, and industry leading insurance  provide unparalleled protection for your assets. 
  • Seamless User Experience: Access to live support from seasoned crypto IRA specialists is integral to BitcoinIRA’s commitment to empowering investors to seize control of their financial futures. Whether you’re initiating your journey or seeking guidance on optimizing your portfolio, BitcoinIRA ensures an unparalleled user experience.   
  • Extensive Diversification: BitcoinIRA offers an expansive selection of over 60 cryptocurrencies.This diverse array of digital assets empowers you to tailor your self-directed IRA to align with your investment objectives and risk tolerance.  
Conclusion: Navigating Bitcoin in Your Retirement Strategy 

The world of Bitcoin and its potential role in retirement savings can be complex. This article has equipped you with the knowledge to make informed decisions. 

Key Takeaways: 
  • While directly investing in the Fidelity Bitcoin ETF through your 401(k) isn’t currently possible, the landscape is evolving. Stay informed and discuss options with your employer. 
  • For those seeking immediate exposure, a Crypto IRA offers an alternative path.  
  • Thorough research is crucial before incorporating Bitcoin into your retirement strategy. 

Taking Action: 

This journey into Bitcoin and your retirement doesn’t have to be overwhelming. By staying informed and making thoughtful decisions, you can navigate this innovative asset class and take control of your financial future. 

How to Get Started?   

Open a BitcoinIRA account today and start building your crypto-powered retirement! Here’s how:   

Diversify your retirement portfolio with the most trusted Crypto IRA platform.   



  1. Bitcoin IRA is a platform that connects consumers to qualified custodians, digital wallets and cryptocurrency exchanges. The company is not a custodian, is not a digital wallet and is not an exchange. The information provided in this article is for educational purposes only. We encourage you to consult an adviser or professional to determine whether Bitcoin IRA makes sense for you.   
  2. Security, storage, wallet providers, and insurance may vary based on asset chosen and custody solution available. 

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