The pro-bitcoin financial giant is reportedly considering allowing its over 34 million individual investors to buy bitcoin through its online brokerage.
Three senators chastised Fidelity for offering a bitcoin 401(k) option claiming it is too volatile and untested to be used as a retirement savings tool.
The new trading platform from Fidelity, Citadel Securities, Virtu Financial and Charles Schwab will enable wide access to bitcoin and other cryptocurrencies.
Fidelity Investments has created a 401(k) allowing individuals to invest in bitcoin and MicroStrategy will be the first publicly traded employer to offer it.