CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
  • Market Updates
  • BTC Analysis
  • ETH Analysis
  • XRP Analysis
  • Interviews
CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
Home » Crypto News » Fidelity May Begin Offering Bitcoin Trading to its Retail Customers: Report

Fidelity May Begin Offering Bitcoin Trading to its Retail Customers: Report

Author: Andrew Throuvalas

Last Updated Sep 12, 2022 @ 22:03

Fidelity may bring Bitcoin access to over 34 million brokerage accounts after opening the asset to retirement accounts earlier this year. 

Getting your audio player ready...

The asset management firm Fidelity is reportedly weighing plans to bring Bitcoin trading to individual investors on its brokerage platform. 

If true, this would give 34.4 million retail customers at Fidelity access to the largest cryptocurrency by market cap. 

Fidelity’s Next Bitcoin Foray

The claim is according to people familiar with the matter who were contacted by the Wall Street Journal. 

It was also predicted by Galaxy Digital CEO Mike Novogratz, who said that Fidelity’s Bitcoin offering would soon extend to retail during a speech at the SALT Conference on Monday. 

“A bird told me that Fidelity, a little bird in my ear, is going to shift their retail customers into crypto soon enough,” he said. “I hope that bird is right. And so we are seeing this institutional march.”

Fidelity has shared no such news with its clients yet, so the offering is technically not confirmed. However, rumors of the offering have been circulating on social media since last week, with some saying it will arrive this November. 

Bitcoin Twitter shared some excitement over the news. Michael Saylor – Executive Chairman of Microstrategy – shared how Bitcoin “Is coming to 34 million accounts at Fidelity.”

Others were more skeptical. “The true question is, will Fidelity allow withdrawals?” tweeted the popular Bitcoiner Namcios, making note of the importance of self-custody.  “Bitcoin IOUs if not,” he added.

Fidelity VS Regulators

Fidelity has been especially eager to provide cryptocurrency offerings compared to other investment giants – especially Bitcoin. The firm began mining Bitcoin as early as 2015 and began offering Bitcoin trading to its institutional investors in 2018. Earlier this year, it announced that corporate clients could add Bitcoin to their 401(k) retirement accounts. 

Fidelity has also launched a spot Bitcoin exchange-traded fund (ETF) in Canada, and has urged the SEC to let it bring the same product to the United States. 

But so far, the SEC hasn’t budged – and members of congress have disapproved of Fidelity’s addition of Bitcoin to retirement plans. 

“Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned that Fidelity would take these risks with millions of Americans’ retirement savings.” wrote senator Elizabeth Warren in a letter to Fidelity

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Tags: Bitcoin Fidelity
Enjoy reading? Share with your friends
Facebook Twitter LinkedIn Telegram

About The Author

Andrew Throuvalas
More posts by this author

Andrew is a content writer with a passion for Bitcoin. He became familiar with Bitcoin back in 2013, but began diligently studying the blockchain technology and its economic implications in 2017. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide.
Contact: Medium | LinkedIn | Twitter

Join Our Community

FacebookX YouTubeTelegram


Editorials
How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

11 Best Meme Coins to Watch in June 2025

11 Best Meme Coins to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

11 Best Crypto Presales to Consider in June 2025

11 Best Crypto Presales to Consider in June 2025

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Join Our Newsletter
Become a CryptoPotato VIP
One Weekly Email Can Change Your Crypto Life.
Sign-up FREE to receive our extended weekly market update and coin analysis report
We NEVER send spam. You can unsubscribe at any time.
Invalid email address
Thanks for subscribing!
Footer Logo
About
Advertise on CryptoPotato
About Us | Contact Us | Careers
Editorial Policy
Terms of service | Privacy Policy | GDPR
More Sections
IEO List | Evaluations
Airdrops
Scholarship
Disclaimer
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
© Copyright CryptoPotato 2016 - 2025
Scroll to top
One Daily Email Can Change Your Crypto Life.

Sign-up FREE to receive our extended daily market update and coin analysis report

We never send SPAM. You can unsubscribe at any moment
Invalid email address
Thanks for subscribing!