Fidelity Expands Investment Products To Retail Customers

Fidelity Investments, the financial services company, has created a waiting list for Fidelity Crypto, its crypto product aimed at retail customers.

The impending product launch is another indication of the investing behemoth’s interest in cryptocurrency. Institutional clients may already invest in cryptocurrency through Fidelity Digital Assets, a division of the corporation.

The new product will enable commission-free bitcoin and ether trading, according to its website, however, a spread of up to 1% will be charged.

According to a recent report, the company was debating whether or not to allow individual brokerage customers to trade Bitcoin.

Fidelity is a major participant in the institutional crypto industry and has launched a Bitcoin exchange-traded fund (ETF) in Canada and multiple ETFs in the US.

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