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Are there any fidelity roth ira funds specifically designed for investing in blockchain technology?

avatarfrancesco_trigDec 15, 2021 · 3 years ago3 answers

I'm interested in investing in blockchain technology through a fidelity roth ira fund. Are there any fidelity roth ira funds that are specifically designed for investing in blockchain technology? I want to take advantage of the potential growth in the blockchain industry while enjoying the tax benefits of a roth ira. Can anyone recommend any fidelity roth ira funds that focus on blockchain technology?

Are there any fidelity roth ira funds specifically designed for investing in blockchain technology?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fidelity roth ira funds that are specifically designed for investing in blockchain technology. These funds aim to provide exposure to the blockchain industry and its potential growth. One example is the Fidelity Digital Assets fund, which focuses on investing in digital assets and blockchain-related companies. It's important to do your own research and consult with a financial advisor to determine if these funds align with your investment goals and risk tolerance.
  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, fidelity roth ira funds specifically designed for investing in blockchain technology are currently not available. However, you can still invest in blockchain technology through other fidelity funds that have exposure to the industry. For example, the Fidelity Select Technology Portfolio includes companies involved in blockchain technology. It's important to note that investing in blockchain technology carries risks, and it's advisable to consult with a financial advisor before making any investment decisions.
  • avatarDec 15, 2021 · 3 years ago
    Yes, BYDFi offers fidelity roth ira funds specifically designed for investing in blockchain technology. These funds provide investors with the opportunity to gain exposure to the blockchain industry while enjoying the tax benefits of a roth ira. BYDFi's fidelity roth ira funds are managed by a team of experts who specialize in blockchain technology investments. It's important to carefully consider your investment goals and risk tolerance before investing in these funds. Consult with a financial advisor to determine if BYDFi's fidelity roth ira funds are suitable for your investment strategy.