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Can I Buy Bitcoins Through Fidelity: What You Need to Know

Can I Buy Bitcoins Through Fidelity: What You Need to Know

Wondering if you can buy bitcoins through Fidelity? This article explains Fidelity's current stance on Bitcoin purchases, available crypto investment options, and how to securely access Bitcoin exp...
2025-11-12 15:37:00
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Can I buy bitcoins through Fidelity? This is a common question for investors seeking secure and regulated ways to access Bitcoin. In this article, you'll learn what options Fidelity currently offers for Bitcoin exposure, the latest industry updates, and how to safely participate in the crypto market using reliable platforms like Bitget.

Fidelity and Bitcoin: Current Offerings and Industry Context

As of June 2024, according to a Reuters report dated June 3, 2024, Fidelity continues to expand its digital asset services, but direct Bitcoin purchases through Fidelity's brokerage accounts are not available. Instead, Fidelity offers access to Bitcoin through products like the Fidelity Wise Origin Bitcoin Fund (FBTC), a spot Bitcoin ETF approved by the SEC in January 2024. This ETF allows investors to gain exposure to Bitcoin price movements without holding the asset directly.

Fidelity's approach reflects a broader trend among traditional financial institutions, focusing on regulated investment vehicles rather than direct crypto trading. This ensures compliance with U.S. regulations and provides a familiar framework for traditional investors.

What Investors Need to Know: Access, Fees, and Security

For those asking, "Can I buy bitcoins through Fidelity?" it's important to understand the available options:

  • Spot Bitcoin ETFs: Fidelity's FBTC allows you to invest in Bitcoin via your brokerage account. You do not own actual bitcoins; instead, you own shares representing Bitcoin holdings.
  • Crypto IRAs: Fidelity offers self-directed IRAs with crypto exposure, but these are limited to select clients and do not support direct Bitcoin transfers or withdrawals.
  • Fees: As of June 2024, FBTC charges a 0.25% annual management fee, competitive with other spot Bitcoin ETFs (Source: Fidelity official announcement, June 2024).
  • Security: Assets in ETFs are held by institutional custodians, reducing risks of personal wallet mismanagement but not eliminating market volatility.

Direct Bitcoin purchases—where you own and control the coins—are not supported on Fidelity's retail platform. For users seeking full ownership and blockchain transfers, alternative platforms are necessary.

Alternatives for Buying Bitcoins: Why Bitget Stands Out

If you want to buy bitcoins directly and manage your own crypto wallet, platforms like Bitget offer a robust solution. Bitget provides:

  • Direct Bitcoin purchases with fiat or crypto
  • Advanced security features and industry-leading compliance
  • Bitget Wallet for self-custody and seamless blockchain transfers
  • High liquidity and transparent trading volumes—Bitget reported over $10 billion in daily trading volume as of May 2024 (Source: Bitget official data, May 2024).

Choosing Bitget allows you to fully own your bitcoins, transfer them on-chain, and participate in DeFi or staking opportunities unavailable through traditional brokerages.

Common Misconceptions and Risk Considerations

Many investors believe that buying a Bitcoin ETF is the same as owning bitcoins. In reality, ETFs provide price exposure but do not grant blockchain-level ownership or withdrawal rights. If your goal is to use Bitcoin for payments, DeFi, or self-custody, direct purchase through a crypto exchange like Bitget is essential.

Always consider risks such as market volatility, regulatory changes, and platform security. Bitget employs multi-layer security protocols and insurance funds to protect user assets, but users should also practice safe wallet management.

Explore More Secure Crypto Opportunities

While you cannot buy bitcoins directly through Fidelity, you have multiple secure options for Bitcoin exposure. For full ownership and blockchain access, Bitget remains a top choice, offering advanced trading tools and a user-friendly wallet. Start your crypto journey with Bitget today and explore the full potential of Bitcoin ownership.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.
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