Fidelity Sees Strong Demand for Bitcoin in 401(k) - BitcoinEthereumNews.com
BitcoinFidelity Sees Strong Demand for Bitcoin in 401(k)07 / 25 / 2022बिटकॉइन एथेरियम समाचार A few months after Fidelity Investments integrated digital asset accounts (DAA) to its 401(K) retirement savings accounts, enabling employees to add bitcoin (BTC) to their accounts, the leading financial services company has revealed that more employers are demanding the Bitcoin 401K accounts for their employees. Increased Customer Demand Speaking to investing publication Barrons, Fidelity noted that the growing demand for its 401(k) digital asset accounts comes from clients across different sectors. असल में, client interest has not only been strong but also spans across a wide range of industries and company sizes, the asset management firm said. Following Fidelitys disclosure in April, leading business intelligence company MicroStrategy was the first to sign up for the DAA feature. Financial entities planing to adopt bitcoin in their 401 retirement accounts must obtain approval from the necessary authorities before offering the services to their employees, people familiar with the matter said. While the authorization process can take a few months to complete, Fidelity only takes 90 days to implement the offer. The financial services company said all of its clients would have the option to include BTC in their menu, adding that employees can save up