Fidelity Investment will launch a new crypto trading product for retail investors in the United States. The firm has been launching new products and offerings to offer its clients exposure to Bitcoin and crypto across multiple options.
Per a report from CNBC, the firm will launch a commission-free crypto trading product. To this end, the $9.9 trillion firm in assets under management (AUM) opened early access via a waitlist.
The crypto trading product will provide users with exposure to Bitcoin and Ethereum. The offering will break down educational barriers for people to invest in digital assets with a “name you can trust,” according to the official website.
In a statement shared with CNBC, a Fidelity spokesperson said the following about the product and the interest in digital assets despite the persistent downside trend:
Where our customers invest matters more than ever. A meaningful portion…
