How does Betterment's fee structure for digital currency investments differ from Fidelity's?

3 answers

• Nov 27, 2021 · 3 years ago
  When it comes to fee structure for digital currency investments, Betterment and Fidelity have some notable differences. Betterment charges a flat fee of 0.25% per year for its digital currency investment services, while Fidelity does not currently offer direct cryptocurrency investments. However, Fidelity does provide access to cryptocurrency through its subsidiary, Fidelity Digital Assets, which offers custody services for institutional clients. It's important to note that Fidelity's fee structure for custody services may vary depending on the specific needs of the client.
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• Nov 27, 2021 · 3 years ago
  Betterment and Fidelity have different approaches to fee structure for digital currency investments. Betterment charges a fixed annual fee of 0.25% for its digital currency investment services, regardless of the investment amount. On the other hand, Fidelity does not charge any direct fees for cryptocurrency investments. However, Fidelity may have indirect fees associated with its custody services for institutional clients through Fidelity Digital Assets. These fees may vary depending on the specific custody services required.
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• Nov 27, 2021 · 3 years ago
  When comparing Betterment's fee structure for digital currency investments with Fidelity's, it's important to note that Betterment charges a flat fee of 0.25% per year for its digital currency investment services. On the other hand, Fidelity does not directly offer cryptocurrency investments but provides custody services through Fidelity Digital Assets. The fee structure for custody services may vary depending on the specific needs of institutional clients. It's worth considering your investment goals and preferences when choosing between Betterment and Fidelity for digital currency investments.
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