Fidelity Crypto® for IRAs
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What is Fidelity Crypto® for IRAs?
Fidelity Crypto® for IRAs is a tax-advantaged way to invest directly in crypto and add it to your retirement portfolio in a Fidelity Crypto® Roth IRA, Fidelity Crypto® Rollover IRA, or Fidelity Crypto® Traditional IRA. Custody and trading of crypto are provided by Fidelity Digital Assets®.
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Who can open a Fidelity Crypto® IRA?
You can open a Fidelity Crypto® IRA if you’re a US citizen over the age of 18 and reside in a state where Fidelity Digital Assets® can serve customers. Fidelity Crypto® for IRAs isn’t available in California or Oregon.
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What types of IRAs can I open with Fidelity Crypto® for IRAs?
Fidelity Crypto® for IRAs supports traditional, Roth, and rollover IRA registrations. Your eligibility to contribute follows the requirements of the linked Fidelity brokerage IRA.
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What’s the tax treatment for Fidelity Crypto® IRAs?
Tax treatment is determined by the IRA type. Contributions and distributions are completed and reported through the linked Fidelity brokerage IRA.
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Can I contribute to a Fidelity Crypto® IRA?
You can't contribute directly to a Fidelity Crypto® IRA. All contributions are made in US dollars to the linked Fidelity brokerage IRA. You can then move money to the linked Fidelity Crypto® IRA. Your eligibility to contribute and methods to deposit money are the same as other Fidelity brokerage IRAs.
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Can I transfer crypto to my Fidelity Crypto® IRA?
Crypto transfers aren’t available for Fidelity Crypto® IRAs.
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Can I withdraw directly from Fidelity Crypto® IRAs?
You can’t withdraw money or crypto directly from your Fidelity Crypto® IRA. You can move money from the USD position in your Fidelity Crypto® IRA to your linked Fidelity brokerage IRA so you can use its withdrawal features.
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Do I need to report transfers between a Fidelity brokerage IRA and a linked Fidelity Crypto® IRA?
Transfers between your linked Fidelity brokerage IRA and Fidelity Crypto® IRA are nonreportable and nontaxable.
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Why do I need a Fidelity brokerage IRA to open a Fidelity Crypto® IRA?
To open a Fidelity Crypto® IRA, you must also have a Fidelity brokerage IRA with the same registration type to act as a funding account. You’ll use the linked Fidelity brokerage IRA to move money into your Fidelity Crypto® IRA for trading. If you don’t have a Fidelity brokerage IRA, we’ll open one for you at the same time we open your Fidelity Crypto® IRA.
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What cryptocurrencies can I trade in Fidelity Crypto® IRAs?
You can buy and sell these cryptocurrencies in Fidelity Crypto® IRAs (subject to availability in your state):
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Solana (SOL)
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Who custodies the cryptocurrency in my Fidelity Crypto® IRA?
All crypto assets held in Fidelity Crypto® IRAs are custodied with Fidelity Digital Assets®. Fidelity Management Trust Company (FMTC) is the IRA custodian.
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What fees are associated with a Fidelity Crypto® IRA?
There are no fees to open or maintain a Fidelity Crypto® IRA or for custody of crypto. Fidelity Digital Assets® charges a trading fee of 1% on crypto buy and sell transactions. Fees are subject to change.
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Can I add beneficiaries to my Fidelity Crypto® IRA?
Your Fidelity Crypto® IRA beneficiary designation is the same as the beneficiary designation on your linked Fidelity brokerage IRA. You can manage beneficiaries from your Fidelity brokerage IRA.
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What happens to crypto in my Fidelity Crypto® IRA upon my death?
The beneficiary designations for your linked Fidelity brokerage IRA will determine who inherits assets from your Fidelity Crypto® IRA. Spousal beneficiaries might have the choice to receive crypto assets into their own accounts, if eligible. For spousal beneficiaries who can’t or don’t choose to receive crypto and for all nonspousal beneficiaries, the crypto held in your Fidelity Crypto® IRA will be liquidated and the proceeds transferred to your Fidelity brokerage IRA for distribution to that account’s designated beneficiaries.
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What tax forms are provided for Fidelity Crypto® IRAs?
Fidelity Digital Assets® provides Form 5498 for Fidelity Crypto® IRAs to report year-end valuations and required minimum distribution (RMD) status. Contributions and distributions are reported on tax forms for the linked Fidelity brokerage IRA.
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Where can I view the Fidelity Crypto® IRA Customer Agreement?
Access the Fidelity Crypto® IRA Customer Agreement through the Fidelity Crypto® Agreements & Disclosures in your account profile on the Fidelity Investments® app and at the bottom of the account page on Fidelity.com.
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Can I buy crypto in a Fidelity brokerage IRA?
You can’t buy or sell spot cryptocurrencies in brokerage IRA accounts, but you may invest in spot crypto ETPs to gain exposure to crypto market performance. Fidelity Crypto® for IRAs provided by Fidelity Digital Assets® allows you to buy and sell cryptocurrencies like bitcoin and ethereum in traditional, Roth, or rollover IRAs.
Offerings and account features are subject to account eligibility.
Fidelity Crypto® is offered by Fidelity Digital Assets®.
Investing involves risk, including risk of total loss.
Crypto as an asset class is highly volatile, can become illiquid at any time, and is for investors with a high risk tolerance. Crypto may also be more susceptible to market manipulation than securities. Crypto is not insured by the Federal Deposit Insurance Corporation, the Securities Investor Protection Corporation, or any other government agency, and is not an obligation of any bank. Investors in crypto do not benefit from the same regulatory protections applicable to registered securities.
The Fidelity Digital DollarSM (FIDD) is a stablecoin valued at the redemption price ($1/unit). FIDDSM is issued by Fidelity Digital Assets, National Association ("FDA, NA"). Customers of FDA, NA can purchase and redeem FIDD for $1/unit from FDA, NA. Access to FIDD is subject to availability based on account eligibility. Learn more in FIDD's Terms.
Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by FDA, NA, which is a national trust bank.
Brokerage services in support of securities trading are provided by Fidelity Brokerage Services LLC ("FBS"), and related custody services are provided by National Financial Services LLC ("NFS"), each a registered broker-dealer and member NYSE and SIPC.
Neither FBS nor NFS offer crypto as a direct investment nor provide trading or custody services for such assets.
Crypto prices and market reference data that Fidelity Digital Assets, National Association (“FDA, NA”) makes available to you, for certain crypto (not including FIDDSM) are compiled and aggregated by a third party (Coin Metrics) based on criteria set by FDA, NA. FDA, NA does not represent, warrant or guarantee that pricing and other market information, or value estimates based on that information, is accurate, complete, timely or suitable for use. Such prices of crypto that are displayed to you are for reference only and should not be relied upon as the price for any trade; execution prices for your trades may be different than reference prices and estimates displayed to you. Crypto pricing and other market information may appear and be used with a time delay, and FDA, NA has no liability to you for the decisions you make based on market reference data made available by FDA, NA. Coin Metrics is a trademark of Coin Metrics Inc. Copyright © Coin Metrics, 2026.
Fidelity Charitable is the brand name for Fidelity Investments® Charitable Gift Fund, an independent public charity with a donor-advised fund program. Various Fidelity companies provide services to Fidelity Charitable. The Fidelity Charitable name and logo, and Fidelity are registered service marks of FMR LLC, used by Fidelity Charitable under license.
The third-party trademarks and service marks appearing herein are the property of their respective owners.
The third parties mentioned herein and Fidelity Investments are independent entities and are not legally affiliated.
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
