🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 93 (from laksa094)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa093.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto","crawl_time":1776079622,"first_indexed_time":1667584492,"http_code":200,"src_unparsed":"com,fidelity!www,\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto s443","src_root_hash":"17952695050214760493","history_drop_reason":null,"meta_title":"Ways to invest in crypto | Fidelity","meta_descriptions":["Learn about buying crypto and other ways to invest in crypto, like crypto ETFs and crypto stocks."],"attrs_boilerpipe_text":"Despite the dramatic\nups and downs\nof the crypto market, interest in crypto is growing. This growth has helped increase the diversity of investment options in the market.\nRetail investors looking to enter the market can now choose between\nbuying crypto outright\nor buying a crypto-related asset. Those interested in the full experience of crypto ownership may opt for the former, while others may prefer indirect exposure through the latter.\nIn both cases, the market now offers multiple ways to get in on the emerging crypto markets. Let's discuss the basics of how they work.\nWhat is cryptocurrency?\nBefore you invest, consider making sure you understand\nwhat cryptocurrencies are\n and\nhow they work\n.\nIn a nutshell, cryptocurrencies are digital assets that can be bought and sold. Unlike stocks, however, owning crypto does not give you legal ownership of a company. Instead, you are buying a digital asset you are betting will rise in value. Some cryptocurrencies may also offer some\npractical utility\n, like the ability to exchange them for goods and services.\nIn general,\ncrypto is highly volatile\n, so make sure you understand the\nimplications of a potential investment\nbefore jumping in. Note that crypto may be more susceptible to market manipulation than securities, and direct investments in crypto do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. \nDirect investments in crypto are also not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose.\nWays to invest in cryptocurrency\nIf you understand the fundamentals, know the\nrisks\ninvolved with investing, and have decided to enter the market, there are a few ways to gain exposure.\n1. Buying crypto outright\nThe most straightforward way to gain exposure to cryptocurrency is by investing in the coins you're interested in. This is most commonly done via a traditional investment platform or crypto exchange.\nThere are some unique aspects to this strategy. For example,\nbuying crypto outright\ngives you exposure to the industry in as little as minutes. Entering an order on a traditional investment platform or an exchange can also provide hands-on experience on the buying process, which can be useful for better understanding how crypto works.\nBuying crypto outright may give you\ncomplete custody\nover your coins, which allows you to transfer coins between\nwallets\n(i.e., personal crypto accounts). This may make it easier to understand how blockchain technology works. And because the markets are open 7 days a week, there's more flexibility to decide when you want to invest compared to traditional assets like stocks and ETFs.\nHowever, there are also risks to be aware of. Before buying crypto outright, consider learning the\nbasics of crypto cybersecurity\nfirst. Like any digital asset, crypto is vulnerable to online theft.\nTransferring coins\nis also a multi-step process where even small errors could mean losing access to investments forever. And remember crypto is highly volatile, and that there's a possibility that the value of any cryptocurrency can drop to zero.\n2. Buying crypto ETPs or crypto-related ETFs on a brokerage platform\nAnother way to gain exposure to the crypto industry is by buying \nspot crypto exchange-traded products (ETPs)\n, which provide exposure to a cryptocurrency’s value without needing to actually buy the coin yourself. Those who aren’t familiar with the nuances of crypto cybersecurity might find it easier to buy a crypto ETP. And because you can buy ETPs through more traditional routes like brokerage accounts, IRAs, and trusts, tax and estate planning considerations may be simpler to manage compared to buying crypto directly. \nNote, however, that ETPs don’t give you direct ownership of the cryptocurrency, and can come with unique trading limitations and investment risks. For example, ETPs can only be traded during traditional market hours, which means holders have to wait until the market opens to enter or exit any positions, even if crypto prices make a large move during the weekend. \nSpot crypto ETPs\nare also relatively new, and it remains to be seen whether they will achieve widespread adoption. If they don’t, there could be liquidity issues, i.e., your buys may only get filled at higher prices than what you’re looking for, and your sells may be filled at lower prices. Finally, ETPs don’t remove the security and volatility risks associated with owning cryptocurrencies. \nYou can also gain exposure to the crypto industry by buying crypto-related exchange-traded funds (ETFs). Broadly speaking, there are 2 types of crypto-related ETFs. Stock-based ETFs give you exposure to a diversified basket of cryptocurrency stocks (i.e., the stocks of companies that operate in the crypto industry). Futures-based ETFs give you exposure to the futures of either a specific cryptocurrency or a basket of cryptocurrencies. \nETFs that track the broader crypto industry may offer less volatility compared to buying individual cryptocurrencies. Investors looking to invest in the industry as a whole may find it more convenient to buy an ETF, as opposed to buying individual coins and company stocks. \nLike ETPs, ETFs don't give you ownership of actual cryptocurrencies, which means they can't be used to pay for goods and services. Also, because ETFs are portfolios made up of multiple investments, the upside associated with individual cryptocurrencies or associated companies can be diluted. If a specific coin or company appreciates in value, you may not be able to capture the same level of growth by holding an ETF. Note that a similar consideration applies to ETPs, which generally do not track the price of the underlying cryptocurrency on a 1:1 basis.\n3. Buying cryptocurrency stocks\nAnother way to invest in crypto is by buying individual stocks of companies in the crypto industry. Examples include crypto exchanges, bitcoin mining companies, and banks that provide solutions for crypto companies.\nCrypto stocks offer a way for investors to bet on which companies will lead the industry. And while buying crypto on an exchange incurs trading fees, most major brokerages allow you to trade stocks without fees (though they may still charge a spread).\nHowever, inexperienced investors should be aware this strategy has its risks. Crypto's inherent volatility, poor earnings reports, negative industry trends, and other factors, can all cause a stock's value to plummet.\nLess-experienced investors may not want to put all their eggs in the same basket, in which case crypto-related ETFs may be a preferable option.\nA note about holding spot crypto or crypto ETPs in retirement accounts\nAs the market matures, more brokerage platforms and financial services companies may start offering the option to hold\ncrypto or crypto-related assets in retirement accounts\n.\nThose who can buy cryptocurrency in a retirement account may be able to capture potential advantages, including the possibility of enhanced portfolio returns and increased portfolio diversification.\nOn the other hand, investors should also think critically about the\npotential downsides\n, most notably that crypto is high risk. \nThe goal of a retirement account is to provide financial stability for your later years by setting aside money you don’t plan on touching for decades. For this reason, portfolio allocation is often built around index and mutual funds, which offer diversification and may be relatively lower risk. In contrast, cryptocurrencies are high risk. They’re an emerging investment and their longevity is still uncertain, which may not align with the goal of a retirement account. \nIn the event crypto goes to zero, those who have crypto in a retirement account may be forced to delay their retirement and work for longer than originally planned.\nWhat to consider when investing in crypto\nBecause the industry is still young and volatile, prioritizing risk management over upside may save you emotional and financial stress.\nGiven the ups and downs, only invest an amount you can afford to lose. This could help you avoid catastrophic financial consequences in the event investments go south.\nFinally, remember that crypto may be more susceptible to market manipulation than securities, and crypto holders do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose.","attrs_markdown":"[Skip to main content](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto#navSkipToContent)\n\n[Fidelity.com Home](https:\/\/www.fidelity.com\/)\n\n[Log in](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page)\n\n- [Accounts & Trade]()\n  - [Portfolio](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page?AuthRedUrl=https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/summary)\n  - [Account Positions](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/positions)\n  - [Trade](https:\/\/digital.fidelity.com\/ftgw\/digital\/trade-equity\/index\/orderEntry)\n  - [Fidelity Trader+ Web](https:\/\/digital.fidelity.com\/ftgw\/digital\/trader-dashboard)\n  - [Fidelity Trader+](https:\/\/www.fidelity.com\/trading\/trading-platforms)\n  - [Transfers](https:\/\/www.fidelity.com\/customer-service\/money-movement)\n  - [Cash Management](https:\/\/digital.fidelity.com\/ftgw\/digital\/cashmanagement)\n  - [Bill Pay](https:\/\/digital.fidelity.com\/ftgw\/digital\/billpay\/home)\n  - [Full View®](https:\/\/digital.fidelity.com\/ftgw\/pna\/customer\/pgc\/networth\/)\n  - [Security Settings](https:\/\/digital.fidelity.com\/ftgw\/digital\/security\/dashboard\/view)\n  - [Account Features](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/features)\n  - [Documents](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/documents)\n  - [Tax Forms & Information](https:\/\/www.fidelity.com\/tax-information\/overview)\n  - [Retirement Distributions](https:\/\/digital.fidelity.com\/ftgw\/digital\/mrdhub)\n  - [Refer a Friend](https:\/\/www.fidelity.com\/customer-service\/friendsandfamily3a)\n- [Retirement]()\n  - [Retirement Planning](https:\/\/www.fidelity.com\/retirement\/retirement-planning)\n  - [401(k) Rollovers & IRA Transfers](https:\/\/www.fidelity.com\/retirement\/401k-rollover)\n  - [Retirement Accounts](https:\/\/www.fidelity.com\/retirement\/retirement-accounts)\n  - [Retirement Education](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement-education)\n- [Wealth Management]()\n  - [Wealth Management Offerings](https:\/\/www.fidelity.com\/wealth\/wealth-management-offerings)\n  - [Financial Advisors](https:\/\/www.fidelity.com\/wealth\/financial-advisors)\n  - [Financial Planning](https:\/\/www.fidelity.com\/wealth\/financial-planning)\n  - [Investment Management](https:\/\/www.fidelity.com\/wealth\/investment-management)\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights)\n- [News & Research]()\n  - [News](https:\/\/www.fidelity.com\/news\/overview)\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights)\n  - [Watchlist](https:\/\/digital.fidelity.com\/ftgw\/digital\/watwebex)\n  - [Alerts](https:\/\/alertable.fidelity.com\/ftgw\/digital\/alerts)\n  - [Stocks, ETFs, Crypto](https:\/\/digital.fidelity.com\/prgw\/digital\/research\/src)\n  - [Mutual Funds](https:\/\/fundresearch.fidelity.com\/fund-screener)\n  - [Fixed Income, Bonds & CDs](https:\/\/fixedincome.fidelity.com\/ftgw\/fi\/FILanding)\n  - [Options](https:\/\/digital.fidelity.com\/ftgw\/digital\/options-home\/)\n  - [IPOs](https:\/\/brokerage.fidelity.com\/ftgw\/brkg\/ipo\/calendar)\n  - [Annuities](https:\/\/fundresearch.fidelity.com\/fund-screener\/annuities\/)\n  - [Learn](https:\/\/www.fidelity.com\/learning-center\/overview)\n- [Products]()\n  - [Spending & Saving](https:\/\/www.fidelity.com\/spend-save\/overview)\n  - [Investing & Trading](https:\/\/www.fidelity.com\/trading\/overview)\n  - [Mutual Funds](https:\/\/www.fidelity.com\/mutual-funds\/overview)\n  - [Crypto](https:\/\/www.fidelity.com\/crypto\/overview)\n  - [Direct Indexing](https:\/\/www.fidelity.com\/direct-indexing\/overview)\n  - [Fixed Income, Bonds & CDs](https:\/\/www.fidelity.com\/fixed-income-bonds\/overview)\n  - [ETFs](https:\/\/www.fidelity.com\/etfs\/investing-in-etfs)\n  - [Options](https:\/\/www.fidelity.com\/options-trading\/overview)\n  - [Sustainable Investing](https:\/\/www.fidelity.com\/sustainable\/overview)\n  - [529 College Savings](https:\/\/www.fidelity.com\/529-plans\/overview)\n  - [Health Savings Accounts](https:\/\/www.fidelity.com\/go\/hsa\/why-hsa)\n  - [Annuities](https:\/\/www.fidelity.com\/annuities\/overview)\n  - [Life Insurance](https:\/\/www.fidelity.com\/life-insurance\/term-life-insurance\/overview)\n\n- [Customer Service](https:\/\/www.fidelity.com\/customer-service\/overview)\n- [Fidelity Assistant](https:\/\/www.fidelity.com\/customer-service\/overview?ccsource=FA_NAV)\n- [Profile](https:\/\/digital.fidelity.com\/ftgw\/digital\/profile)\n\n[Log in](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page) [Open an account](https:\/\/www.fidelity.com\/open-account\/overview)\n\n[Fidelity.com Home](https:\/\/www.fidelity.com\/)\n\n- [Customer Service](https:\/\/www.fidelity.com\/customer-service\/overview)\n- [Fidelity Assistant](https:\/\/www.fidelity.com\/customer-service\/overview?ccsource=FA_NAV)\n- [Profile](https:\/\/digital.fidelity.com\/ftgw\/digital\/profile)\n- [Open an account](https:\/\/www.fidelity.com\/open-account\/overview)\n- [Log in](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page)\n\n- [Accounts & Trade]()\n  - [Portfolio](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page?AuthRedUrl=https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/summary)\n  - [Account Positions](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/positions)\n  - [Trade](https:\/\/digital.fidelity.com\/ftgw\/digital\/trade-equity\/index\/orderEntry)\n  - [Fidelity Trader+ Web](https:\/\/digital.fidelity.com\/ftgw\/digital\/trader-dashboard)\n  - [Fidelity Trader+](https:\/\/www.fidelity.com\/trading\/trading-platforms)\n  - [Transfers](https:\/\/www.fidelity.com\/customer-service\/money-movement)\n  - [Cash Management](https:\/\/digital.fidelity.com\/ftgw\/digital\/cashmanagement)\n  - [Bill Pay](https:\/\/digital.fidelity.com\/ftgw\/digital\/billpay\/home)\n  - [Full View®](https:\/\/digital.fidelity.com\/ftgw\/pna\/customer\/pgc\/networth\/)\n  - [Security Settings](https:\/\/digital.fidelity.com\/ftgw\/digital\/security\/dashboard\/view)\n  - [Account Features](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/features)\n  - [Documents](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/documents)\n  - [Tax Forms & Information](https:\/\/www.fidelity.com\/tax-information\/overview)\n  - [Retirement Distributions](https:\/\/digital.fidelity.com\/ftgw\/digital\/mrdhub)\n  - [Refer a Friend](https:\/\/www.fidelity.com\/customer-service\/friendsandfamily3a)\n- [Retirement]()\n  - [Retirement Planning](https:\/\/www.fidelity.com\/retirement\/retirement-planning)\n  - [401(k) Rollovers & IRA Transfers](https:\/\/www.fidelity.com\/retirement\/401k-rollover)\n  - [Retirement Accounts](https:\/\/www.fidelity.com\/retirement\/retirement-accounts)\n  - [Retirement Education](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement-education)\n- [Wealth Management]()\n  - [Wealth Management Offerings](https:\/\/www.fidelity.com\/wealth\/wealth-management-offerings)\n  - [Financial Advisors](https:\/\/www.fidelity.com\/wealth\/financial-advisors)\n  - [Financial Planning](https:\/\/www.fidelity.com\/wealth\/financial-planning)\n  - [Investment Management](https:\/\/www.fidelity.com\/wealth\/investment-management)\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights)\n- [News & Research]()\n  - [News](https:\/\/www.fidelity.com\/news\/overview)\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights)\n  - [Watchlist](https:\/\/digital.fidelity.com\/ftgw\/digital\/watwebex)\n  - [Alerts](https:\/\/alertable.fidelity.com\/ftgw\/digital\/alerts)\n  - [Stocks, ETFs, Crypto](https:\/\/digital.fidelity.com\/prgw\/digital\/research\/src)\n  - [Mutual Funds](https:\/\/fundresearch.fidelity.com\/fund-screener)\n  - [Fixed Income, Bonds & CDs](https:\/\/fixedincome.fidelity.com\/ftgw\/fi\/FILanding)\n  - [Options](https:\/\/digital.fidelity.com\/ftgw\/digital\/options-home\/)\n  - [IPOs](https:\/\/brokerage.fidelity.com\/ftgw\/brkg\/ipo\/calendar)\n  - [Annuities](https:\/\/fundresearch.fidelity.com\/fund-screener\/annuities\/)\n  - [Learn](https:\/\/www.fidelity.com\/learning-center\/overview)\n- [Products]()\n  - [Spending & Saving](https:\/\/www.fidelity.com\/spend-save\/overview)\n  - [Investing & Trading](https:\/\/www.fidelity.com\/trading\/overview)\n  - [Mutual Funds](https:\/\/www.fidelity.com\/mutual-funds\/overview)\n  - [Crypto](https:\/\/www.fidelity.com\/crypto\/overview)\n  - [Direct Indexing](https:\/\/www.fidelity.com\/direct-indexing\/overview)\n  - [Fixed Income, Bonds & CDs](https:\/\/www.fidelity.com\/fixed-income-bonds\/overview)\n  - [ETFs](https:\/\/www.fidelity.com\/etfs\/investing-in-etfs)\n  - [Options](https:\/\/www.fidelity.com\/options-trading\/overview)\n  - [Sustainable Investing](https:\/\/www.fidelity.com\/sustainable\/overview)\n  - [529 College Savings](https:\/\/www.fidelity.com\/529-plans\/overview)\n  - [Health Savings Accounts](https:\/\/www.fidelity.com\/go\/hsa\/why-hsa)\n  - [Annuities](https:\/\/www.fidelity.com\/annuities\/overview)\n  - [Life Insurance](https:\/\/www.fidelity.com\/life-insurance\/term-life-insurance\/overview)\n\n[Skip to main content](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto#navSkipToContent)\n\n[Fidelity.com Home](https:\/\/www.fidelity.com\/)\n\n[Log in](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page)\n\n- [Accounts & Trade]()\n  - [Portfolio](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page?AuthRedUrl=https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/summary)\n  - [Account Positions](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/positions)\n  - [Trade](https:\/\/digital.fidelity.com\/ftgw\/digital\/trade-equity\/index\/orderEntry)\n  - [Fidelity Trader+ Web](https:\/\/digital.fidelity.com\/ftgw\/digital\/trader-dashboard)\n  - [Fidelity Trader+](https:\/\/www.fidelity.com\/trading\/trading-platforms)\n  - [Transfers](https:\/\/www.fidelity.com\/customer-service\/money-movement)\n  - [Cash Management](https:\/\/digital.fidelity.com\/ftgw\/digital\/cashmanagement)\n  - [Bill Pay](https:\/\/digital.fidelity.com\/ftgw\/digital\/billpay\/home)\n  - [Full View®](https:\/\/digital.fidelity.com\/ftgw\/pna\/customer\/pgc\/networth\/)\n  - [Security Settings](https:\/\/digital.fidelity.com\/ftgw\/digital\/security\/dashboard\/view)\n  - [Account Features](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/features)\n  - [Documents](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/documents)\n  - [Tax Forms & Information](https:\/\/www.fidelity.com\/tax-information\/overview)\n  - [Retirement Distributions](https:\/\/digital.fidelity.com\/ftgw\/digital\/mrdhub)\n  - [Refer a Friend](https:\/\/www.fidelity.com\/customer-service\/friendsandfamily3a)\n- [Investing]()\n  - [Self Directed Investing](https:\/\/www.fidelity.com\/investing\/trading)\n  - [Advanced Trading](https:\/\/www.fidelity.com\/investing\/advanced-trading)\n  - [Investing for a Child](https:\/\/www.fidelity.com\/investing\/investing-for-kids)\n  - [Managing Cash & Credit](https:\/\/www.fidelity.com\/investing\/manage-cash-credit-lending)\n  - [Investment Accounts & Products](https:\/\/www.fidelity.com\/investing\/investment-accounts)\n  - [Investing & Trading Education](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/investing-trading-education)\n- [Retirement]()\n  - [Retirement Planning](https:\/\/www.fidelity.com\/retirement\/retirement-planning)\n  - [401(k) Rollovers & IRA Transfers](https:\/\/www.fidelity.com\/retirement\/401k-rollover)\n  - [Retirement Accounts](https:\/\/www.fidelity.com\/retirement\/retirement-accounts)\n  - [Retirement Education](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement-education)\n- [Wealth Management]()\n  - [Wealth Management Offerings](https:\/\/www.fidelity.com\/wealth\/wealth-management-offerings)\n  - [Financial Advisors](https:\/\/www.fidelity.com\/wealth\/financial-advisors)\n  - [Financial Planning](https:\/\/www.fidelity.com\/wealth\/financial-planning)\n  - [Investment Management](https:\/\/www.fidelity.com\/wealth\/investment-management)\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights)\n- [News & Research]()\n  - [News](https:\/\/www.fidelity.com\/news\/overview)\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights)\n  - [Watchlist](https:\/\/digital.fidelity.com\/ftgw\/digital\/watwebex)\n  - [Alerts](https:\/\/alertable.fidelity.com\/ftgw\/digital\/alerts)\n  - [Stocks, ETFs, Crypto](https:\/\/digital.fidelity.com\/prgw\/digital\/research\/src)\n  - [Mutual Funds](https:\/\/fundresearch.fidelity.com\/fund-screener)\n  - [Fixed Income, Bonds & CDs](https:\/\/fixedincome.fidelity.com\/ftgw\/fi\/FILanding)\n  - [Options](https:\/\/digital.fidelity.com\/ftgw\/digital\/options-home\/)\n  - [IPOs](https:\/\/brokerage.fidelity.com\/ftgw\/brkg\/ipo\/calendar)\n  - [Annuities](https:\/\/fundresearch.fidelity.com\/fund-screener\/annuities\/)\n  - [Learn](https:\/\/www.fidelity.com\/learning-center\/overview)\n\n- [Customer Service](https:\/\/www.fidelity.com\/customer-service\/overview)\n- [Fidelity Assistant](https:\/\/www.fidelity.com\/customer-service\/overview?ccsource=FA_NAV)\n- [Profile](https:\/\/digital.fidelity.com\/ftgw\/digital\/profile)\n\n[Log in](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page) [Open an account](https:\/\/www.fidelity.com\/open-account\/overview)\n\n[Fidelity.com Home](https:\/\/www.fidelity.com\/)\n\n- [Customer Service](https:\/\/www.fidelity.com\/customer-service\/overview)\n- [Fidelity Assistant](https:\/\/www.fidelity.com\/customer-service\/overview?ccsource=FA_NAV)\n- [Profile](https:\/\/digital.fidelity.com\/ftgw\/digital\/profile)\n- [Open an account](https:\/\/www.fidelity.com\/open-account\/overview)\n- [Log in](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page)\n\n- [Accounts & Trade]()\n  - [Portfolio](https:\/\/digital.fidelity.com\/prgw\/digital\/login\/full-page?AuthRedUrl=https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/summary)\n  - [Account Positions](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/positions)\n  - [Trade](https:\/\/digital.fidelity.com\/ftgw\/digital\/trade-equity\/index\/orderEntry)\n  - [Fidelity Trader+ Web](https:\/\/digital.fidelity.com\/ftgw\/digital\/trader-dashboard)\n  - [Fidelity Trader+](https:\/\/www.fidelity.com\/trading\/trading-platforms)\n  - [Transfers](https:\/\/www.fidelity.com\/customer-service\/money-movement)\n  - [Cash Management](https:\/\/digital.fidelity.com\/ftgw\/digital\/cashmanagement)\n  - [Bill Pay](https:\/\/digital.fidelity.com\/ftgw\/digital\/billpay\/home)\n  - [Full View®](https:\/\/digital.fidelity.com\/ftgw\/pna\/customer\/pgc\/networth\/)\n  - [Security Settings](https:\/\/digital.fidelity.com\/ftgw\/digital\/security\/dashboard\/view)\n  - [Account Features](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/features)\n  - [Documents](https:\/\/digital.fidelity.com\/ftgw\/digital\/portfolio\/documents)\n  - [Tax Forms & Information](https:\/\/www.fidelity.com\/tax-information\/overview)\n  - [Retirement Distributions](https:\/\/digital.fidelity.com\/ftgw\/digital\/mrdhub)\n  - [Refer a Friend](https:\/\/www.fidelity.com\/customer-service\/friendsandfamily3a)\n- [Investing]()\n  - [Self Directed Investing](https:\/\/www.fidelity.com\/investing\/trading)\n  - [Advanced Trading](https:\/\/www.fidelity.com\/investing\/advanced-trading)\n  - [Investing for a Child](https:\/\/www.fidelity.com\/investing\/investing-for-kids)\n  - [Managing Cash & Credit](https:\/\/www.fidelity.com\/investing\/manage-cash-credit-lending)\n  - [Investment Accounts & Products](https:\/\/www.fidelity.com\/investing\/investment-accounts)\n  - [Investing & Trading Education](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/investing-trading-education)\n- [Retirement]()\n  - [Retirement Planning](https:\/\/www.fidelity.com\/retirement\/retirement-planning)\n  - [401(k) Rollovers & IRA Transfers](https:\/\/www.fidelity.com\/retirement\/401k-rollover)\n  - [Retirement Accounts](https:\/\/www.fidelity.com\/retirement\/retirement-accounts)\n  - [Retirement Education](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement-education)\n- [Wealth Management]()\n  - [Wealth Management Offerings](https:\/\/www.fidelity.com\/wealth\/wealth-management-offerings)\n  - [Financial Advisors](https:\/\/www.fidelity.com\/wealth\/financial-advisors)\n  - [Financial Planning](https:\/\/www.fidelity.com\/wealth\/financial-planning)\n  - [Investment Management](https:\/\/www.fidelity.com\/wealth\/investment-management)\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights)\n- [News & Research]()\n  - [News](https:\/\/www.fidelity.com\/news\/overview)\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights)\n  - [Watchlist](https:\/\/digital.fidelity.com\/ftgw\/digital\/watwebex)\n  - [Alerts](https:\/\/alertable.fidelity.com\/ftgw\/digital\/alerts)\n  - [Stocks, ETFs, Crypto](https:\/\/digital.fidelity.com\/prgw\/digital\/research\/src)\n  - [Mutual Funds](https:\/\/fundresearch.fidelity.com\/fund-screener)\n  - [Fixed Income, Bonds & CDs](https:\/\/fixedincome.fidelity.com\/ftgw\/fi\/FILanding)\n  - [Options](https:\/\/digital.fidelity.com\/ftgw\/digital\/options-home\/)\n  - [IPOs](https:\/\/brokerage.fidelity.com\/ftgw\/brkg\/ipo\/calendar)\n  - [Annuities](https:\/\/fundresearch.fidelity.com\/fund-screener\/annuities\/)\n  - [Learn](https:\/\/www.fidelity.com\/learning-center\/overview)\n\n## Learn\n- [Learn](https:\/\/www.fidelity.com\/learning-center\/overview)\n- [Favorites](https:\/\/www.fidelity.com\/learning-center\/favorites)\n- Topics\n  - Financial essentials\n    - [Saving and budgeting money](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/saving-and-budgeting-money \"Saving and budgeting money\")\n    - [Managing debt](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/managing-debt \"Managing debt\")\n    - [Saving for retirement](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement\/saving-for-retirement \"Saving for retirement\")\n    - [Working and income](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/working-and-income \"Working and income\")\n    - [Managing health care](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/managing-health-care \"Managing health care\")\n    - [Talking to family about money](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/talking-to-family-about-money \"Talking to family about money\")\n    - [Personal finance for students](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/personal-finance-for-students \"Personal finance for students\")\n    - [Managing taxes](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/managing-taxes\/managing-taxes \"Managing taxes\")\n    - [Managing estate planning](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/managing-estate-planning \"Managing estate planning\")\n    - [Making charitable donations](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/charitable-giving\/making-charitable-donations \"Making charitable donations\")\n  - Life events\n    - [Changing jobs](https:\/\/www.fidelity.com\/learning-center\/life-events\/career-planning \"Changing jobs\")\n    - [Planning for college](https:\/\/www.fidelity.com\/learning-center\/life-events\/prepare-for-college \"Planning for college\")\n    - [Getting divorced](https:\/\/www.fidelity.com\/learning-center\/life-events\/getting-divorced \"Getting divorced\")\n    - [Becoming a parent](https:\/\/www.fidelity.com\/learning-center\/life-events\/parenting \"Becoming a parent\")\n    - [Caring for aging loved ones](https:\/\/www.fidelity.com\/learning-center\/life-events\/caring-for-the-aging \"Caring for aging loved ones\")\n    - [Marriage and partnering](https:\/\/www.fidelity.com\/learning-center\/life-events\/marriage \"Marriage and partnering\")\n    - [Buying or selling a house](https:\/\/www.fidelity.com\/learning-center\/life-events\/selling-and-buying-house \"Buying or selling a house\")\n    - [Retiring](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement\/planning-your-retirement \"Retiring\")\n    - [Losing a loved one](https:\/\/www.fidelity.com\/learning-center\/life-events\/loss-of-loved-one \"Losing a loved one\")\n    - [Making a major purchase](https:\/\/www.fidelity.com\/learning-center\/life-events\/major-purchase \"Making a major purchase&#9;\")\n    - [Experiencing illness or injury](https:\/\/www.fidelity.com\/learning-center\/life-events\/injury-and-illness \"Experiencing illness or injury\")\n    - [Disabilities and special needs](https:\/\/www.fidelity.com\/learning-center\/life-events\/disabilities-and-special-needs \"Disabilities and special needs\")\n    - [Aging well](https:\/\/www.fidelity.com\/learning-center\/life-events\/aging-well \"Aging well\")\n    - [Becoming self-employed](https:\/\/www.fidelity.com\/learning-center\/life-events\/how-to-become-self-employed \"Becoming self-employed\")\n  - Investing and trading\n    - [Investing for beginners](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/investing-for-beginners \"Investing for beginners\")\n    - [Trading for beginners](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/trading-for-beginners \"Trading for beginners\")\n    - [Crypto basics](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/crypto-for-beginners \"Crypto basics\")\n    - [Crypto: Beyond the basics](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/crypto-advanced \"Crypto: Beyond the basics\")\n    - [Alternative investing](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/alternative-investing \"Alternative investing\")\n    - [Exploring stocks and sectors](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/finding-stocks-and-sector-ideas \"Exploring stocks and sectors\")\n    - [Investing for income](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/investing-for-income \"Investing for income\")\n    - [Analyzing stock fundamentals](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/fundamental-analysis\/analyzing-stock-fundamentals \"Analyzing stock fundamentals\")\n    - [Using technical analysis](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/technical-analysis\/using-technical-analysis \"Using technical analysis\")\n  - Investment products\n    - [ETFs](https:\/\/www.fidelity.com\/learning-center\/investment-products\/etf\/etfs \"ETFs\")\n    - [Mutual funds](https:\/\/www.fidelity.com\/learning-center\/investment-products\/mutual-funds\/mutual-funds \"Mutual funds \")\n    - [Stocks](https:\/\/www.fidelity.com\/learning-center\/investment-products\/stocks\/stocks \"Stocks\")\n    - [Fixed income, bonds, CDs](https:\/\/www.fidelity.com\/learning-center\/investment-products\/fixed-income-bonds\/fixed-income-bonds-cds \"Fixed income, bonds, CDs\")\n    - [Annuities](https:\/\/www.fidelity.com\/learning-center\/investment-products\/annuities \"Annuities\")\n    - [Closed-end funds](https:\/\/www.fidelity.com\/learning-center\/investment-products\/closed-end-funds\/closed-end-funds \"Closed-end funds\")\n  - Advanced trading\n    - [Using margin](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/using-margin \"Using margin\")\n    - [Options trading basics](https:\/\/www.fidelity.com\/learning-center\/investment-products\/options\/options-for-beginners \"Options trading basics\")\n    - [Options: Beyond the basics](https:\/\/www.fidelity.com\/learning-center\/investment-products\/options\/options \"Options: Beyond the basics\")\n    - [Advanced trading strategies](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/more-trading-strategies \"Advanced trading strategies\")\n    - [Using Fidelity Trader+](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/trading-platforms\/using-trader-plus \"Using Fidelity Trader+\")\n    - [Options Strategy Guide](https:\/\/www.fidelity.com\/learning-center\/investment-products\/options\/options-strategy-guide\/overview \"Options Strategy Guide\")\n    - [Technical Indicator Guide](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/technical-analysis\/technical-indicator-guide\/overview \"Technical Indicator Guide\")\n  - [Latest Market Insights](https:\/\/www.fidelity.com\/viewpoints\/market-and-economic-insights\/market-volatility-overview \"Latest Market Insights\")\n  - [Viewpoints: Expert insights](https:\/\/www.fidelity.com\/learning-center\/viewpoints \"Viewpoints: Expert insights\")\n  - [Smart Money: Tips and tactics](https:\/\/www.fidelity.com\/learning-center\/smart-money \"Smart Money: Tips and tactics\")\n  - [Money Unscripted](https:\/\/www.fidelity.com\/learning-center\/money-unscripted \"Money Unscripted\")\n  - [The Trading Post](https:\/\/www.fidelity.com\/learning-center\/trading-post \"The Trading Post\")\n  - [Women Talk Money](https:\/\/www.fidelity.com\/learning-center\/women-talk-money \"Women Talk Money\")\n  - [Wealth Management Insights](https:\/\/www.fidelity.com\/learning-center\/wealth-management-insights \"Wealth Management Insights\")\n- Events\n  - [Upcoming events](https:\/\/fidelityevents.com\/allevents\/special \"Upcoming events\")\n  - [On-demand webinars](https:\/\/www.fidelity.com\/learning-center\/events\/investing-webinars \"On-demand webinars\")\n  - [Market briefings](https:\/\/fidelityevents.com\/allevents\/filtered?hubFilter=tags|Coaching,Market%20Analysis#hub \"Market briefings\")\n  - [Market Sense](https:\/\/www.fidelity.com\/learning-center\/live-pi \"Market Sense\")\n  - [Trading Strategy Desk® coaching](https:\/\/www.fidelity.com\/learning-center\/events\/coaching-sessions \"Trading Strategy Desk® coaching\")\n  - [Trading Strategy Desk® classes](https:\/\/www.fidelity.com\/learning-center\/events\/virtual-classrooms \"Trading Strategy Desk® classes\")\n- Search\n\nApril 03, 2025\n\n![Estimate Time](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/article\/time-clock-circle.svg)6 min\n\nSave ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/article\/Bookmark.svg) ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/article\/save-success.svg)\n\nClose Popover\n\n***\nGreat, you have saved this article to you My Learn Profile page.\n\nShare ![Share](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/article\/share.svg)\n\nClose Popover\n\n***\nWays to invest in crypto \\| Fidelity\n\nClicking a link will open a new window.\n\n- [Facebook](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto#facebook)\n- [Twitter](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto#twitter)\n- [LinkedIn](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto#linkedin)\n\n[Print ![Print](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/article\/Print.svg)](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto#print)\n\n# Ways to invest in crypto\nLearn how crypto investment vehicles work.\n\nFidelity Viewpoints\n\n![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/migration\/article\/content_02\/ways-to-invest-in-crypto_B.png)\n\n### Key takeaways\n- There are currently 3 main ways retail investors can gain exposure to crypto: buying crypto directly, buying crypto ETPs or crypto-related ETFs, or buying crypto stocks.\n- Note that the crypto industry may be more susceptible to market manipulation than securities, and direct holders of crypto do not benefit from the same regulatory protections applicable to registered securities. Also note that the future regulatory environment for crypto is uncertain.\n- Those who buy crypto directly should note that crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. Only buy crypto with an amount you're willing to lose.\n\nDespite the dramatic [ups and downs](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/what-makes-crypto-go-up-and-down) of the crypto market, interest in crypto is growing. This growth has helped increase the diversity of investment options in the market.\n\nRetail investors looking to enter the market can now choose between [buying crypto outright](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-buy-crypto) or buying a crypto-related asset. Those interested in the full experience of crypto ownership may opt for the former, while others may prefer indirect exposure through the latter.\n\nIn both cases, the market now offers multiple ways to get in on the emerging crypto markets. Let's discuss the basics of how they work.\n\n### What is cryptocurrency?\nBefore you invest, consider making sure you understand [what cryptocurrencies are](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/what-is-crypto) and [how they work](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/what-is-blockchain).\n\nIn a nutshell, cryptocurrencies are digital assets that can be bought and sold. Unlike stocks, however, owning crypto does not give you legal ownership of a company. Instead, you are buying a digital asset you are betting will rise in value. Some cryptocurrencies may also offer some [practical utility](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/crypto-in-the-real-world), like the ability to exchange them for goods and services.\n\nIn general, [crypto is highly volatile](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/bitcoin-price), so make sure you understand the [implications of a potential investment](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/bitcoin-investment-considerations) before jumping in. Note that crypto may be more susceptible to market manipulation than securities, and direct investments in crypto do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain.\n\nDirect investments in crypto are also not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose.\n\n### Ways to invest in cryptocurrency\nIf you understand the fundamentals, know the [risks](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/risks-and-benefits-of-crypto) involved with investing, and have decided to enter the market, there are a few ways to gain exposure.\n\n![Advantages and disadvantages of buying cryptocurrency.](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/migration\/article\/content_02\/buying-crypto-outright.png)\n\n### 1\\. Buying crypto outright\nThe most straightforward way to gain exposure to cryptocurrency is by investing in the coins you're interested in. This is most commonly done via a traditional investment platform or crypto exchange.\n\nThere are some unique aspects to this strategy. For example, [buying crypto outright](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-buy-crypto) gives you exposure to the industry in as little as minutes. Entering an order on a traditional investment platform or an exchange can also provide hands-on experience on the buying process, which can be useful for better understanding how crypto works.\n\nBuying crypto outright may give you [complete custody](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/non-custodial-wallets-vs-custodial-wallets) over your coins, which allows you to transfer coins between [wallets](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/crypto-wallet) (i.e., personal crypto accounts). This may make it easier to understand how blockchain technology works. And because the markets are open 7 days a week, there's more flexibility to decide when you want to invest compared to traditional assets like stocks and ETFs.\n\nHowever, there are also risks to be aware of. Before buying crypto outright, consider learning the [basics of crypto cybersecurity](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/is-bitcoin-safe) first. Like any digital asset, crypto is vulnerable to online theft. [Transferring coins](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/how-to-send-bitcoin) is also a multi-step process where even small errors could mean losing access to investments forever. And remember crypto is highly volatile, and that there's a possibility that the value of any cryptocurrency can drop to zero.\n\n**Subscribe to Decode Crypto**\n\nBoost your crypto knowledge. Sign up for monthly insights from crypto thought leaders.\n\n[Subscribe now](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto#subscribe-container)\n\n### 2\\. Buying crypto ETPs or crypto-related ETFs on a brokerage platform\nAnother way to gain exposure to the crypto industry is by buying [spot crypto exchange-traded products (ETPs)](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/spot-bitcoin-ETP \"crypto exchange-traded products (ETPs)\"), which provide exposure to a cryptocurrency’s value without needing to actually buy the coin yourself. Those who aren’t familiar with the nuances of crypto cybersecurity might find it easier to buy a crypto ETP. And because you can buy ETPs through more traditional routes like brokerage accounts, IRAs, and trusts, tax and estate planning considerations may be simpler to manage compared to buying crypto directly.\n\nNote, however, that ETPs don’t give you direct ownership of the cryptocurrency, and can come with unique trading limitations and investment risks. For example, ETPs can only be traded during traditional market hours, which means holders have to wait until the market opens to enter or exit any positions, even if crypto prices make a large move during the weekend.\n\n[Spot crypto ETPs](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/spot-bitcoin-ETP) are also relatively new, and it remains to be seen whether they will achieve widespread adoption. If they don’t, there could be liquidity issues, i.e., your buys may only get filled at higher prices than what you’re looking for, and your sells may be filled at lower prices. Finally, ETPs don’t remove the security and volatility risks associated with owning cryptocurrencies.\n\nYou can also gain exposure to the crypto industry by buying crypto-related exchange-traded funds (ETFs). Broadly speaking, there are 2 types of crypto-related ETFs. Stock-based ETFs give you exposure to a diversified basket of cryptocurrency stocks (i.e., the stocks of companies that operate in the crypto industry). Futures-based ETFs give you exposure to the futures of either a specific cryptocurrency or a basket of cryptocurrencies.\n\nETFs that track the broader crypto industry may offer less volatility compared to buying individual cryptocurrencies. Investors looking to invest in the industry as a whole may find it more convenient to buy an ETF, as opposed to buying individual coins and company stocks.\n\nLike ETPs, ETFs don't give you ownership of actual cryptocurrencies, which means they can't be used to pay for goods and services. Also, because ETFs are portfolios made up of multiple investments, the upside associated with individual cryptocurrencies or associated companies can be diluted. If a specific coin or company appreciates in value, you may not be able to capture the same level of growth by holding an ETF. Note that a similar consideration applies to ETPs, which generally do not track the price of the underlying cryptocurrency on a 1:1 basis.\n\n![Advantages and disadvantages of buying crypto-related stocks.](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/migration\/article\/content_02\/crypto-stocks.png)\n\n### 3\\. Buying cryptocurrency stocks\nAnother way to invest in crypto is by buying individual stocks of companies in the crypto industry. Examples include crypto exchanges, bitcoin mining companies, and banks that provide solutions for crypto companies.\n\nCrypto stocks offer a way for investors to bet on which companies will lead the industry. And while buying crypto on an exchange incurs trading fees, most major brokerages allow you to trade stocks without fees (though they may still charge a spread).\n\nHowever, inexperienced investors should be aware this strategy has its risks. Crypto's inherent volatility, poor earnings reports, negative industry trends, and other factors, can all cause a stock's value to plummet.\n\nLess-experienced investors may not want to put all their eggs in the same basket, in which case crypto-related ETFs may be a preferable option.\n\n### A note about holding spot crypto or crypto ETPs in retirement accounts\nAs the market matures, more brokerage platforms and financial services companies may start offering the option to hold [crypto or crypto-related assets in retirement accounts](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto-ira \"crypto or crypto-related assets in retirement accounts\").\n\nThose who can buy cryptocurrency in a retirement account may be able to capture potential advantages, including the possibility of enhanced portfolio returns and increased portfolio diversification.\n\nOn the other hand, investors should also think critically about the [potential downsides](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto-ira \"potential downsides\"), most notably that crypto is high risk.\n\nThe goal of a retirement account is to provide financial stability for your later years by setting aside money you don’t plan on touching for decades. For this reason, portfolio allocation is often built around index and mutual funds, which offer diversification and may be relatively lower risk. In contrast, cryptocurrencies are high risk. They’re an emerging investment and their longevity is still uncertain, which may not align with the goal of a retirement account.\n\nIn the event crypto goes to zero, those who have crypto in a retirement account may be forced to delay their retirement and work for longer than originally planned.\n\n### What to consider when investing in crypto\nBecause the industry is still young and volatile, prioritizing risk management over upside may save you emotional and financial stress.\n\nGiven the ups and downs, only invest an amount you can afford to lose. This could help you avoid catastrophic financial consequences in the event investments go south.\n\nFinally, remember that crypto may be more susceptible to market manipulation than securities, and crypto holders do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose.\n\n## Trade with Fidelity Crypto®\nBuy, sell, and transfer crypto in the same app where you trade stocks and ETFs.\n\n[Open an account](https:\/\/www.fidelity.com\/crypto\/trading)\n\n## More to explore\n### [Crypto at Fidelity](https:\/\/www.fidelity.com\/crypto\/overview)\nLearn about Fidelity’s approach and explore investment ideas.\n\n### [Covering Crypto Livestream](https:\/\/fidelityevents.com\/allevents\/special\/filtered?hubFilter=tags%7Ccrypto)\nGet in the know and register for the next event.\n\n## Subscribe to Decode Crypto\nClarity on crypto every month. Build your knowledge with education for all levels.\n\n### Looking for more ideas and insights?\nWe'll deliver them right to your inbox.\n\nManage subscriptions\n\n### Thanks for subscribing\\!\nCheck out your Favorites page, where you can:\n\n- Tell us the topics you want to learn more about\n- View content you've saved for later\n- Subscribe to our newsletters\n\n[Go to Favorites](https:\/\/www.fidelity.com\/learning-center\/favorites)\n\n### We're on our way, but not quite there yet\nGood news, you're on the early-access list.   \n But we're not available in your state just yet. As soon as we are, we'll let you know. In the meantime, boost your crypto brainpower in our Learning Center.\n\nManage subscriptions\n\n### Oh, hello again\\!\nGood news, you’re already on the early-access list. Keep an eye on your email for your invitation to Fidelity Crypto.\n\nManage subscriptions\n\nClose dialog\n\n### Thanks for subscribing to  Looking for more ideas and insights?   You might like these too:\n### Looking for more ideas and insights? You might like these too:\n\n### *Fidelity Viewpoints®*\nTimely news and insights from our pros on markets, investing, and personal finance.(debug tcm:2 ...\n\n### Decode Crypto\nClarity on crypto every month. Build your knowledge with education for all levels.\n\n### *Fidelity Smart Money℠*\nWhat the news means for your money, plus tips to help you spend, save, and invest.\n\n### Active Investor\nOur most advanced investment insights, strategies, and tools.\n\n### *Insights from Fidelity Wealth Management* ℠\nTimely news, events, and wealth strategies from top Fidelity thought leaders.\n\n### Women Talk Money\nReal talk and helpful tips about money, investing, and careers.\n\n### Educational Webinars and Events\nFree financial education from Fidelity and other leading industry professionals.\n\n*Fidelity Viewpoints®*\n\nTimely news and insights from our pros on markets, investing, and personal finance.(debug tcm:2 ...\n\nDecode Crypto\n\nClarity on crypto every month. Build your knowledge with education for all levels.\n\n*Fidelity Smart Money℠*\n\nWhat the news means for your money, plus tips to help you spend, save, and invest.\n\nActive Investor\n\nOur most advanced investment insights, strategies, and tools.\n\n*Insights from Fidelity Wealth Management* ℠\n\nTimely news, events, and wealth strategies from top Fidelity thought leaders.\n\nWomen Talk Money\n\nReal talk and helpful tips about money, investing, and careers.\n\nEducational Webinars and Events\n\nFree financial education from Fidelity and other leading industry professionals.\n\nDone\n\nAdd subscriptions\n\nNo, thanks.\n\nLoading\n\n- [Finding stock and sector ideas](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/finding-stocks-and-sector-ideas)\n- [Investing for beginners](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/investing-for-beginners)\n- [Crypto](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto)\n- [Investing for income](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/investing-for-income)\n- [Preparing for retirement](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement\/planning-your-retirement)\n- [Saving for retirement](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement\/saving-for-retirement)\n- [Living in retirement](https:\/\/www.fidelity.com\/learning-center\/personal-finance\/retirement\/planning-your-retirement)\n- [ETFs](https:\/\/www.fidelity.com\/learning-center\/investment-products\/etf\/etfs)\n- [Stocks](https:\/\/www.fidelity.com\/learning-center\/investment-products\/stocks\/stocks)\n- [Using technical analysis](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/technical-analysis\/using-technical-analysis)\n\n**Past performance is no guarantee of future results.**\n\nFidelity Crypto® is offered by Fidelity Digital Assets®.   \n   \n Investing involves risk, including risk of total loss.   \n   \n 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.   \n   \n Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by Fidelity Digital Assets, National Association, which is a national trust bank.   \n   \n 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.   \n   \n Neither FBS nor NFS offer crypto as a direct investment nor provide trading or custody services for such assets.   \n   \n Fidelity Crypto and Fidelity Digital Assets are registered service marks of FMR LLC.\n\nA spot bitcoin ETP is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA.\n\nSpot crypto ETPs are not investment companies registered under the Investment Company Act of 1940 (the “1940 Act”) nor are they commodity pools under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of spot crypto ETPs do not have the protections associated with ownership of shares in a registered investment company nor are shareholders afforded the protections of investing in an CEA-regulated instrument or commodity pool.\n\nThe performance of each fund or funds will not reflect the specific return an investor would realize if the investor actually purchased cryptocurrency. Investors in either fund will not have any rights that cryptocurrency holders have and will not have the right to receive any redemption proceeds in the underlying cryptocurrency.\n\nAs with all your investments through Fidelity, you must make your own determination whether an investment in any particular digital asset\/cryptocurrency is consistent with your investment objectives, risk tolerance, financial situation, and evaluation of the digital asset. Neither Fidelity nor any of its affiliates are recommending or endorsing these assets by making them available.\n\nDiversification does not ensure a profit or guarantee against loss.\n\nFidelity 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.\n\nExchange-traded products (ETPs) are subject to market volatility and the risks of their underlying securities, which may include the risks associated with investing in smaller companies, foreign securities, commodities, and fixed income investments.\n\nFidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917\n\n1048804\\.12.0\n\n- [Mutual Funds](https:\/\/www.fidelity.com\/mutual-funds\/overview)\n- [ETFs](https:\/\/www.fidelity.com\/etfs\/overview)\n- [Fixed Income](https:\/\/www.fidelity.com\/fixed-income-bonds\/overview)\n- [Bonds](https:\/\/www.fidelity.com\/fixed-income-bonds\/individual-bonds\/overview)\n- [CDs](https:\/\/www.fidelity.com\/fixed-income-bonds\/cds)\n- [Options](https:\/\/www.fidelity.com\/options-trading\/overview)\n- [Crypto](https:\/\/www.fidelity.com\/crypto\/overview)\n- [Fidelity Trader+](https:\/\/www.fidelity.com\/trading\/trading-platforms)\n- [Investor Centers](https:\/\/www.fidelity.com\/branches\/branch-locations)\n\n- [Stocks](https:\/\/www.fidelity.com\/stock-trading\/overview)\n- [Online Trading](https:\/\/www.fidelity.com\/trading\/overview)\n- [Direct Indexing](https:\/\/www.fidelity.com\/direct-indexing\/overview)\n- [Sustainable Investing](https:\/\/www.fidelity.com\/sustainable\/overview)\n- [Annuities](https:\/\/www.fidelity.com\/annuities\/overview)\n- [Life Insurance](https:\/\/www.fidelity.com\/life-insurance\/term-life-insurance\/overview)\n- [Long-Term Care Planning](https:\/\/www.fidelity.com\/life-insurance\/long-term-care\/overview)\n- [529 Plans](https:\/\/www.fidelity.com\/529-plans\/overview)\n- [Health Savings Account](https:\/\/www.fidelity.com\/go\/hsa\/why-hsa)\n\n- [IRAs](https:\/\/www.fidelity.com\/retirement\/retirement-accounts)\n- [Retirement Planning](https:\/\/www.fidelity.com\/retirement\/retirement-planning)\n- [Small Business Retirement Plans](https:\/\/www.fidelity.com\/retirement-ira\/small-business\/compare-retirement-plans)\n- [Charitable Giving](https:\/\/www.fidelity.com\/building-savings\/charity-and-philanthropy)\n- [Marketplace Solutions](https:\/\/www.fidelity.com\/go\/marketplace\/overview)\n- [FINRA's BrokerCheck, (Opens in a new window)](https:\/\/brokercheck.finra.org\/Firm\/Summary\/7784)\n- [Why Fidelity](https:\/\/www.fidelity.com\/why-fidelity\/overview)\n\n### Stay Connected\nThe search input box here\n\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/FidCom_SocialIcons_0003_Instagram.png) [Instagram, (Opens in a new window)](https:\/\/www.instagram.com\/fidelityinvestments)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/FidCom_SocialIcons_0002_LinkedIn.png) [LinkedIn, (Opens in a new window)](https:\/\/www.linkedin.com\/company\/fidelity-investments)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/FidCom_SocialIcons_0004_YouTube.png) [YouTube, (Opens in a new window)](https:\/\/www.youtube.com\/user\/fidelityinvestments)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/FidCom_SocialIcons_0006_Reddit.png) [Reddit, (Opens in a new window)](https:\/\/www.reddit.com\/r\/fidelityinvestments\/)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/FidCom_SocialIcons_0007_X.png) [X (Twitter), (Opens in a new window)](https:\/\/www.twitter.com\/fidelity)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/FidCom_SocialIcons_0000_Facebook.png) [Facebook, (Opens in a new window)](https:\/\/www.facebook.com\/fidelityinvestments)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/tiktok%20icon.png) [TikTok, (Opens in a new window)](https:\/\/www.tiktok.com\/@fidelityinvestments)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/Discord-Logo-Color-1.png) [Discord, (Opens in a new window)](https:\/\/discord.gg\/FidelityInvestments)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/fidelitymobile26x26.png) [Fidelity Apps](https:\/\/www.fidelity.com\/mobile\/overview)\n- ![](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/refer26x26.png) [Refer a Friend](https:\/\/www.fidelity.com\/customer-service\/friendsandfamily3a?ccsource=RAFFooterNav)\n\n![Fidelity.com Home](https:\/\/www.fidelity.com\/bin-public\/600_Fidelity_Com_English\/images\/footer\/Fidelity-footer-logo.svg)\n\n- [Careers](https:\/\/jobs.fidelity.com\/)\n- [News Releases](https:\/\/newsroom.fidelity.com\/)\n- [About Fidelity](https:\/\/about.fidelity.com\/)\n- [International](https:\/\/www.fidelityinternational.com\/)\n\nCopyright 1998-2026 FMR LLC. All Rights Reserved.\n\n- [Terms of Use](https:\/\/www.fidelity.com\/terms-of-use)\n- [Privacy](https:\/\/www.fidelity.com\/privacy\/overview)\n- [Security](https:\/\/www.fidelity.com\/security\/overview)\n- [Site Map](https:\/\/www.fidelity.com\/sitemap\/overview)\n- [Accessibility](https:\/\/www.fidelity.com\/accessibility\/overview)\n- [Contact Us](https:\/\/www.fidelity.com\/customer-service\/contact-us) , (Opens in a new window)\n- [Share Your Screen](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto)\n- [Disclosures](https:\/\/communications.fidelity.com\/information\/crs\/) , (Opens in a new window)\n- [Manage My Targeting\/Advertising Cookies](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto)\n\n[This is for persons in the US only.](https:\/\/www.fidelity.com\/terms-of-use#For)\n\nPrivacy Settings\n\nWhen you visit our website, it may store or retrieve information on your browser, mostly in the form of cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience on this site and the services we are able to offer.\n***\nStrictly Necessary Cookies\n\nThese cookies are necessary for this website to function and cannot be switched off in our systems. You can set your browser to block or alert you about these cookies, but if you block these cookies, some parts of the site will not work. These cookies do not store any personally identifiable information.\n***\nPerformance Cookies\n\nThese cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.\n***\nFunctional Cookies\n\nThese cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.\n***\nTargeting or Advertising Cookies\n\nThese cookies help us present relevant online advertising and marketing messages to you, and measure the effectiveness of our advertising and marketing campaigns. These cookies may be placed on your device by us or by our third-party advertising providers. When these cookies have been placed on your device, they can be recognized by certain advertising platforms used by other websites you visit, and this allows us to present our advertisements to you on those third party websites. While targeting cookies can identify you when you visit different websites, the information collected is anonymous. They do not store personal information, but are based on uniquely identifying your browser and device. If you do not allow these cookies, our online advertisements that you see may be less relevant to you.\n***\n\nCancel\n\nSave\n\nClose dialog\n\n##\n\nclose virtual assistant\n\nclose Fidelity Virtual Assistant menu\n\n## Menu\n- Important Information\n\n![](data:image\/png;base64,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)\n\nWelcome to the Fidelity Assistant\\!\n\nStart typing and we'll suggest a few topics for you. You can also enter a simple question or phrase, and we'll offer our best answer.\n\nReady? Let's get started.\n\n[Important information](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-invest-in-crypto)\n\n![](data:image\/png;base64,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)\n\nTo get your conversation started, type a question in the entry field or choose from one of the following popular topics and commonly asked questions.\n\n- Are there any resources available for beginners in investing and trading on Fidelity Learn?\n- Do you offer any online resources or training to learn how to invest in ETFs and trade?\n- How can I learn more about cryptocurrencies?\n\nProvide Feedback\n\nanswers will appear above the text input\n\nSubmit message","attrs_readable_markdown":"Despite the dramatic [ups and downs](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/what-makes-crypto-go-up-and-down) of the crypto market, interest in crypto is growing. This growth has helped increase the diversity of investment options in the market.\n\nRetail investors looking to enter the market can now choose between [buying crypto outright](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-buy-crypto) or buying a crypto-related asset. Those interested in the full experience of crypto ownership may opt for the former, while others may prefer indirect exposure through the latter.\n\nIn both cases, the market now offers multiple ways to get in on the emerging crypto markets. Let's discuss the basics of how they work.\n\n### What is cryptocurrency?\nBefore you invest, consider making sure you understand [what cryptocurrencies are](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/what-is-crypto) and [how they work](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/what-is-blockchain).\n\nIn a nutshell, cryptocurrencies are digital assets that can be bought and sold. Unlike stocks, however, owning crypto does not give you legal ownership of a company. Instead, you are buying a digital asset you are betting will rise in value. Some cryptocurrencies may also offer some [practical utility](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/crypto-in-the-real-world), like the ability to exchange them for goods and services.\n\nIn general, [crypto is highly volatile](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/bitcoin-price), so make sure you understand the [implications of a potential investment](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/bitcoin-investment-considerations) before jumping in. Note that crypto may be more susceptible to market manipulation than securities, and direct investments in crypto do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain.\n\nDirect investments in crypto are also not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose.\n\n### Ways to invest in cryptocurrency\nIf you understand the fundamentals, know the [risks](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/risks-and-benefits-of-crypto) involved with investing, and have decided to enter the market, there are a few ways to gain exposure.\n\n### 1\\. Buying crypto outright\nThe most straightforward way to gain exposure to cryptocurrency is by investing in the coins you're interested in. This is most commonly done via a traditional investment platform or crypto exchange.\n\nThere are some unique aspects to this strategy. For example, [buying crypto outright](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/ways-to-buy-crypto) gives you exposure to the industry in as little as minutes. Entering an order on a traditional investment platform or an exchange can also provide hands-on experience on the buying process, which can be useful for better understanding how crypto works.\n\nBuying crypto outright may give you [complete custody](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/non-custodial-wallets-vs-custodial-wallets) over your coins, which allows you to transfer coins between [wallets](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto\/crypto-wallet) (i.e., personal crypto accounts). This may make it easier to understand how blockchain technology works. And because the markets are open 7 days a week, there's more flexibility to decide when you want to invest compared to traditional assets like stocks and ETFs.\n\nHowever, there are also risks to be aware of. Before buying crypto outright, consider learning the [basics of crypto cybersecurity](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/is-bitcoin-safe) first. Like any digital asset, crypto is vulnerable to online theft. [Transferring coins](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/how-to-send-bitcoin) is also a multi-step process where even small errors could mean losing access to investments forever. And remember crypto is highly volatile, and that there's a possibility that the value of any cryptocurrency can drop to zero.\n\n### 2\\. Buying crypto ETPs or crypto-related ETFs on a brokerage platform\nAnother way to gain exposure to the crypto industry is by buying [spot crypto exchange-traded products (ETPs)](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/spot-bitcoin-ETP \"crypto exchange-traded products (ETPs)\"), which provide exposure to a cryptocurrency’s value without needing to actually buy the coin yourself. Those who aren’t familiar with the nuances of crypto cybersecurity might find it easier to buy a crypto ETP. And because you can buy ETPs through more traditional routes like brokerage accounts, IRAs, and trusts, tax and estate planning considerations may be simpler to manage compared to buying crypto directly.\n\nNote, however, that ETPs don’t give you direct ownership of the cryptocurrency, and can come with unique trading limitations and investment risks. For example, ETPs can only be traded during traditional market hours, which means holders have to wait until the market opens to enter or exit any positions, even if crypto prices make a large move during the weekend.\n\n[Spot crypto ETPs](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/spot-bitcoin-ETP) are also relatively new, and it remains to be seen whether they will achieve widespread adoption. If they don’t, there could be liquidity issues, i.e., your buys may only get filled at higher prices than what you’re looking for, and your sells may be filled at lower prices. Finally, ETPs don’t remove the security and volatility risks associated with owning cryptocurrencies.\n\nYou can also gain exposure to the crypto industry by buying crypto-related exchange-traded funds (ETFs). Broadly speaking, there are 2 types of crypto-related ETFs. Stock-based ETFs give you exposure to a diversified basket of cryptocurrency stocks (i.e., the stocks of companies that operate in the crypto industry). Futures-based ETFs give you exposure to the futures of either a specific cryptocurrency or a basket of cryptocurrencies.\n\nETFs that track the broader crypto industry may offer less volatility compared to buying individual cryptocurrencies. Investors looking to invest in the industry as a whole may find it more convenient to buy an ETF, as opposed to buying individual coins and company stocks.\n\nLike ETPs, ETFs don't give you ownership of actual cryptocurrencies, which means they can't be used to pay for goods and services. Also, because ETFs are portfolios made up of multiple investments, the upside associated with individual cryptocurrencies or associated companies can be diluted. If a specific coin or company appreciates in value, you may not be able to capture the same level of growth by holding an ETF. Note that a similar consideration applies to ETPs, which generally do not track the price of the underlying cryptocurrency on a 1:1 basis.\n\n### 3\\. Buying cryptocurrency stocks\nAnother way to invest in crypto is by buying individual stocks of companies in the crypto industry. Examples include crypto exchanges, bitcoin mining companies, and banks that provide solutions for crypto companies.\n\nCrypto stocks offer a way for investors to bet on which companies will lead the industry. And while buying crypto on an exchange incurs trading fees, most major brokerages allow you to trade stocks without fees (though they may still charge a spread).\n\nHowever, inexperienced investors should be aware this strategy has its risks. Crypto's inherent volatility, poor earnings reports, negative industry trends, and other factors, can all cause a stock's value to plummet.\n\nLess-experienced investors may not want to put all their eggs in the same basket, in which case crypto-related ETFs may be a preferable option.\n\n### A note about holding spot crypto or crypto ETPs in retirement accounts\nAs the market matures, more brokerage platforms and financial services companies may start offering the option to hold [crypto or crypto-related assets in retirement accounts](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto-ira \"crypto or crypto-related assets in retirement accounts\").\n\nThose who can buy cryptocurrency in a retirement account may be able to capture potential advantages, including the possibility of enhanced portfolio returns and increased portfolio diversification.\n\nOn the other hand, investors should also think critically about the [potential downsides](https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto-ira \"potential downsides\"), most notably that crypto is high risk.\n\nThe goal of a retirement account is to provide financial stability for your later years by setting aside money you don’t plan on touching for decades. For this reason, portfolio allocation is often built around index and mutual funds, which offer diversification and may be relatively lower risk. In contrast, cryptocurrencies are high risk. They’re an emerging investment and their longevity is still uncertain, which may not align with the goal of a retirement account.\n\nIn the event crypto goes to zero, those who have crypto in a retirement account may be forced to delay their retirement and work for longer than originally planned.\n\n### What to consider when investing in crypto\nBecause the industry is still young and volatile, prioritizing risk management over upside may save you emotional and financial stress.\n\nGiven the ups and downs, only invest an amount you can afford to lose. This could help you avoid catastrophic financial consequences in the event investments go south.\n\nFinally, remember that crypto may be more susceptible to market manipulation than securities, and crypto holders do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose.","meta_canonical":"com,fidelity!www,\/trading-investing\/crypto\/ways-to-invest-in-crypto s443"}

3. Robots.txt Check

Query:

Response:

4. Spam/Ban Check

Query:

Response:

5. Seen Status Check

ℹ️ Skipped - page is already crawled

🚫

NOT INDEXABLE

✅

CRAWLED

2 days ago

🤖

ROBOTS ALLOWED

Page Info Filters

Filter	Status	Condition	Details
HTTP status	PASS	`download_http_code = 200`	HTTP 200
Age cutoff	PASS	`download_stamp > now() - 6 MONTH`	0.1 months ago
History drop	PASS	`isNull(history_drop_reason)`	No drop reason
Spam/ban	PASS	`fh_dont_index != 1 AND ml_spam_score = 0`	ml_spam_score=0
Canonical	FAIL	`meta_canonical IS NULL OR = '' OR = src_unparsed`	com,fidelity!www,/trading-investing/crypto/ways-to-invest-in-crypto s443

Page Details

Property	Value
URL	https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto
Last Crawled	2026-04-13 11:27:02 (2 days ago)
First Indexed	2022-11-04 17:54:52 (3 years ago)
HTTP Status Code	200
Meta Title	Ways to invest in crypto \| Fidelity
Meta Description	Learn about buying crypto and other ways to invest in crypto, like crypto ETFs and crypto stocks.
Meta Canonical	com,fidelity!www,/trading-investing/crypto/ways-to-invest-in-crypto s443
Boilerpipe Text	Despite the dramatic ups and downs of the crypto market, interest in crypto is growing. This growth has helped increase the diversity of investment options in the market. Retail investors looking to enter the market can now choose between buying crypto outright or buying a crypto-related asset. Those interested in the full experience of crypto ownership may opt for the former, while others may prefer indirect exposure through the latter. In both cases, the market now offers multiple ways to get in on the emerging crypto markets. Let's discuss the basics of how they work. What is cryptocurrency? Before you invest, consider making sure you understand what cryptocurrencies are and how they work . In a nutshell, cryptocurrencies are digital assets that can be bought and sold. Unlike stocks, however, owning crypto does not give you legal ownership of a company. Instead, you are buying a digital asset you are betting will rise in value. Some cryptocurrencies may also offer some practical utility , like the ability to exchange them for goods and services. In general, crypto is highly volatile , so make sure you understand the implications of a potential investment before jumping in. Note that crypto may be more susceptible to market manipulation than securities, and direct investments in crypto do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Direct investments in crypto are also not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose. Ways to invest in cryptocurrency If you understand the fundamentals, know the risks involved with investing, and have decided to enter the market, there are a few ways to gain exposure. 1. Buying crypto outright The most straightforward way to gain exposure to cryptocurrency is by investing in the coins you're interested in. This is most commonly done via a traditional investment platform or crypto exchange. There are some unique aspects to this strategy. For example, buying crypto outright gives you exposure to the industry in as little as minutes. Entering an order on a traditional investment platform or an exchange can also provide hands-on experience on the buying process, which can be useful for better understanding how crypto works. Buying crypto outright may give you complete custody over your coins, which allows you to transfer coins between wallets (i.e., personal crypto accounts). This may make it easier to understand how blockchain technology works. And because the markets are open 7 days a week, there's more flexibility to decide when you want to invest compared to traditional assets like stocks and ETFs. However, there are also risks to be aware of. Before buying crypto outright, consider learning the basics of crypto cybersecurity first. Like any digital asset, crypto is vulnerable to online theft. Transferring coins is also a multi-step process where even small errors could mean losing access to investments forever. And remember crypto is highly volatile, and that there's a possibility that the value of any cryptocurrency can drop to zero. 2. Buying crypto ETPs or crypto-related ETFs on a brokerage platform Another way to gain exposure to the crypto industry is by buying spot crypto exchange-traded products (ETPs) , which provide exposure to a cryptocurrency’s value without needing to actually buy the coin yourself. Those who aren’t familiar with the nuances of crypto cybersecurity might find it easier to buy a crypto ETP. And because you can buy ETPs through more traditional routes like brokerage accounts, IRAs, and trusts, tax and estate planning considerations may be simpler to manage compared to buying crypto directly. Note, however, that ETPs don’t give you direct ownership of the cryptocurrency, and can come with unique trading limitations and investment risks. For example, ETPs can only be traded during traditional market hours, which means holders have to wait until the market opens to enter or exit any positions, even if crypto prices make a large move during the weekend. Spot crypto ETPs are also relatively new, and it remains to be seen whether they will achieve widespread adoption. If they don’t, there could be liquidity issues, i.e., your buys may only get filled at higher prices than what you’re looking for, and your sells may be filled at lower prices. Finally, ETPs don’t remove the security and volatility risks associated with owning cryptocurrencies. You can also gain exposure to the crypto industry by buying crypto-related exchange-traded funds (ETFs). Broadly speaking, there are 2 types of crypto-related ETFs. Stock-based ETFs give you exposure to a diversified basket of cryptocurrency stocks (i.e., the stocks of companies that operate in the crypto industry). Futures-based ETFs give you exposure to the futures of either a specific cryptocurrency or a basket of cryptocurrencies. ETFs that track the broader crypto industry may offer less volatility compared to buying individual cryptocurrencies. Investors looking to invest in the industry as a whole may find it more convenient to buy an ETF, as opposed to buying individual coins and company stocks. Like ETPs, ETFs don't give you ownership of actual cryptocurrencies, which means they can't be used to pay for goods and services. Also, because ETFs are portfolios made up of multiple investments, the upside associated with individual cryptocurrencies or associated companies can be diluted. If a specific coin or company appreciates in value, you may not be able to capture the same level of growth by holding an ETF. Note that a similar consideration applies to ETPs, which generally do not track the price of the underlying cryptocurrency on a 1:1 basis. 3. Buying cryptocurrency stocks Another way to invest in crypto is by buying individual stocks of companies in the crypto industry. Examples include crypto exchanges, bitcoin mining companies, and banks that provide solutions for crypto companies. Crypto stocks offer a way for investors to bet on which companies will lead the industry. And while buying crypto on an exchange incurs trading fees, most major brokerages allow you to trade stocks without fees (though they may still charge a spread). However, inexperienced investors should be aware this strategy has its risks. Crypto's inherent volatility, poor earnings reports, negative industry trends, and other factors, can all cause a stock's value to plummet. Less-experienced investors may not want to put all their eggs in the same basket, in which case crypto-related ETFs may be a preferable option. A note about holding spot crypto or crypto ETPs in retirement accounts As the market matures, more brokerage platforms and financial services companies may start offering the option to hold crypto or crypto-related assets in retirement accounts . Those who can buy cryptocurrency in a retirement account may be able to capture potential advantages, including the possibility of enhanced portfolio returns and increased portfolio diversification. On the other hand, investors should also think critically about the potential downsides , most notably that crypto is high risk. The goal of a retirement account is to provide financial stability for your later years by setting aside money you don’t plan on touching for decades. For this reason, portfolio allocation is often built around index and mutual funds, which offer diversification and may be relatively lower risk. In contrast, cryptocurrencies are high risk. They’re an emerging investment and their longevity is still uncertain, which may not align with the goal of a retirement account. In the event crypto goes to zero, those who have crypto in a retirement account may be forced to delay their retirement and work for longer than originally planned. What to consider when investing in crypto Because the industry is still young and volatile, prioritizing risk management over upside may save you emotional and financial stress. Given the ups and downs, only invest an amount you can afford to lose. This could help you avoid catastrophic financial consequences in the event investments go south. Finally, remember that crypto may be more susceptible to market manipulation than securities, and crypto holders do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose.
Markdown	[Skip to main content](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto#navSkipToContent) [Fidelity.com Home](https://www.fidelity.com/) [Log in](https://digital.fidelity.com/prgw/digital/login/full-page) - [Accounts & Trade]() - [Portfolio](https://digital.fidelity.com/prgw/digital/login/full-page?AuthRedUrl=https://digital.fidelity.com/ftgw/digital/portfolio/summary) - [Account Positions](https://digital.fidelity.com/ftgw/digital/portfolio/positions) - [Trade](https://digital.fidelity.com/ftgw/digital/trade-equity/index/orderEntry) - [Fidelity Trader+ Web](https://digital.fidelity.com/ftgw/digital/trader-dashboard) - [Fidelity Trader+](https://www.fidelity.com/trading/trading-platforms) - [Transfers](https://www.fidelity.com/customer-service/money-movement) - [Cash Management](https://digital.fidelity.com/ftgw/digital/cashmanagement) - [Bill Pay](https://digital.fidelity.com/ftgw/digital/billpay/home) - [Full View®](https://digital.fidelity.com/ftgw/pna/customer/pgc/networth/) - [Security Settings](https://digital.fidelity.com/ftgw/digital/security/dashboard/view) - [Account Features](https://digital.fidelity.com/ftgw/digital/portfolio/features) - [Documents](https://digital.fidelity.com/ftgw/digital/portfolio/documents) - [Tax Forms & Information](https://www.fidelity.com/tax-information/overview) - [Retirement Distributions](https://digital.fidelity.com/ftgw/digital/mrdhub) - [Refer a Friend](https://www.fidelity.com/customer-service/friendsandfamily3a) - [Retirement]() - [Retirement Planning](https://www.fidelity.com/retirement/retirement-planning) - [401(k) Rollovers & IRA Transfers](https://www.fidelity.com/retirement/401k-rollover) - [Retirement Accounts](https://www.fidelity.com/retirement/retirement-accounts) - [Retirement Education](https://www.fidelity.com/learning-center/personal-finance/retirement-education) - [Wealth Management]() - [Wealth Management Offerings](https://www.fidelity.com/wealth/wealth-management-offerings) - [Financial Advisors](https://www.fidelity.com/wealth/financial-advisors) - [Financial Planning](https://www.fidelity.com/wealth/financial-planning) - [Investment Management](https://www.fidelity.com/wealth/investment-management) - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights) - [News & Research]() - [News](https://www.fidelity.com/news/overview) - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights) - [Watchlist](https://digital.fidelity.com/ftgw/digital/watwebex) - [Alerts](https://alertable.fidelity.com/ftgw/digital/alerts) - [Stocks, ETFs, Crypto](https://digital.fidelity.com/prgw/digital/research/src) - [Mutual Funds](https://fundresearch.fidelity.com/fund-screener) - [Fixed Income, Bonds & CDs](https://fixedincome.fidelity.com/ftgw/fi/FILanding) - [Options](https://digital.fidelity.com/ftgw/digital/options-home/) - [IPOs](https://brokerage.fidelity.com/ftgw/brkg/ipo/calendar) - [Annuities](https://fundresearch.fidelity.com/fund-screener/annuities/) - [Learn](https://www.fidelity.com/learning-center/overview) - [Products]() - [Spending & Saving](https://www.fidelity.com/spend-save/overview) - [Investing & Trading](https://www.fidelity.com/trading/overview) - [Mutual Funds](https://www.fidelity.com/mutual-funds/overview) - [Crypto](https://www.fidelity.com/crypto/overview) - [Direct Indexing](https://www.fidelity.com/direct-indexing/overview) - [Fixed Income, Bonds & CDs](https://www.fidelity.com/fixed-income-bonds/overview) - [ETFs](https://www.fidelity.com/etfs/investing-in-etfs) - [Options](https://www.fidelity.com/options-trading/overview) - [Sustainable Investing](https://www.fidelity.com/sustainable/overview) - [529 College Savings](https://www.fidelity.com/529-plans/overview) - [Health Savings Accounts](https://www.fidelity.com/go/hsa/why-hsa) - [Annuities](https://www.fidelity.com/annuities/overview) - [Life Insurance](https://www.fidelity.com/life-insurance/term-life-insurance/overview) - [Customer Service](https://www.fidelity.com/customer-service/overview) - [Fidelity Assistant](https://www.fidelity.com/customer-service/overview?ccsource=FA_NAV) - [Profile](https://digital.fidelity.com/ftgw/digital/profile) [Log in](https://digital.fidelity.com/prgw/digital/login/full-page) [Open an account](https://www.fidelity.com/open-account/overview) [Fidelity.com Home](https://www.fidelity.com/) - [Customer Service](https://www.fidelity.com/customer-service/overview) - [Fidelity Assistant](https://www.fidelity.com/customer-service/overview?ccsource=FA_NAV) - [Profile](https://digital.fidelity.com/ftgw/digital/profile) - [Open an account](https://www.fidelity.com/open-account/overview) - [Log in](https://digital.fidelity.com/prgw/digital/login/full-page) - [Accounts & Trade]() - [Portfolio](https://digital.fidelity.com/prgw/digital/login/full-page?AuthRedUrl=https://digital.fidelity.com/ftgw/digital/portfolio/summary) - [Account Positions](https://digital.fidelity.com/ftgw/digital/portfolio/positions) - [Trade](https://digital.fidelity.com/ftgw/digital/trade-equity/index/orderEntry) - [Fidelity Trader+ Web](https://digital.fidelity.com/ftgw/digital/trader-dashboard) - [Fidelity Trader+](https://www.fidelity.com/trading/trading-platforms) - [Transfers](https://www.fidelity.com/customer-service/money-movement) - [Cash Management](https://digital.fidelity.com/ftgw/digital/cashmanagement) - [Bill Pay](https://digital.fidelity.com/ftgw/digital/billpay/home) - [Full View®](https://digital.fidelity.com/ftgw/pna/customer/pgc/networth/) - [Security Settings](https://digital.fidelity.com/ftgw/digital/security/dashboard/view) - [Account Features](https://digital.fidelity.com/ftgw/digital/portfolio/features) - [Documents](https://digital.fidelity.com/ftgw/digital/portfolio/documents) - [Tax Forms & Information](https://www.fidelity.com/tax-information/overview) - [Retirement Distributions](https://digital.fidelity.com/ftgw/digital/mrdhub) - [Refer a Friend](https://www.fidelity.com/customer-service/friendsandfamily3a) - [Retirement]() - [Retirement Planning](https://www.fidelity.com/retirement/retirement-planning) - [401(k) Rollovers & IRA Transfers](https://www.fidelity.com/retirement/401k-rollover) - [Retirement Accounts](https://www.fidelity.com/retirement/retirement-accounts) - [Retirement Education](https://www.fidelity.com/learning-center/personal-finance/retirement-education) - [Wealth Management]() - [Wealth Management Offerings](https://www.fidelity.com/wealth/wealth-management-offerings) - [Financial Advisors](https://www.fidelity.com/wealth/financial-advisors) - [Financial Planning](https://www.fidelity.com/wealth/financial-planning) - [Investment Management](https://www.fidelity.com/wealth/investment-management) - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights) - [News & Research]() - [News](https://www.fidelity.com/news/overview) - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights) - [Watchlist](https://digital.fidelity.com/ftgw/digital/watwebex) - [Alerts](https://alertable.fidelity.com/ftgw/digital/alerts) - [Stocks, ETFs, Crypto](https://digital.fidelity.com/prgw/digital/research/src) - [Mutual Funds](https://fundresearch.fidelity.com/fund-screener) - [Fixed Income, Bonds & CDs](https://fixedincome.fidelity.com/ftgw/fi/FILanding) - [Options](https://digital.fidelity.com/ftgw/digital/options-home/) - [IPOs](https://brokerage.fidelity.com/ftgw/brkg/ipo/calendar) - [Annuities](https://fundresearch.fidelity.com/fund-screener/annuities/) - [Learn](https://www.fidelity.com/learning-center/overview) - [Products]() - [Spending & Saving](https://www.fidelity.com/spend-save/overview) - [Investing & Trading](https://www.fidelity.com/trading/overview) - [Mutual Funds](https://www.fidelity.com/mutual-funds/overview) - [Crypto](https://www.fidelity.com/crypto/overview) - [Direct Indexing](https://www.fidelity.com/direct-indexing/overview) - [Fixed Income, Bonds & CDs](https://www.fidelity.com/fixed-income-bonds/overview) - [ETFs](https://www.fidelity.com/etfs/investing-in-etfs) - [Options](https://www.fidelity.com/options-trading/overview) - [Sustainable Investing](https://www.fidelity.com/sustainable/overview) - [529 College Savings](https://www.fidelity.com/529-plans/overview) - [Health Savings Accounts](https://www.fidelity.com/go/hsa/why-hsa) - [Annuities](https://www.fidelity.com/annuities/overview) - [Life Insurance](https://www.fidelity.com/life-insurance/term-life-insurance/overview) [Skip to main content](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto#navSkipToContent) [Fidelity.com Home](https://www.fidelity.com/) [Log in](https://digital.fidelity.com/prgw/digital/login/full-page) - [Accounts & Trade]() - [Portfolio](https://digital.fidelity.com/prgw/digital/login/full-page?AuthRedUrl=https://digital.fidelity.com/ftgw/digital/portfolio/summary) - [Account Positions](https://digital.fidelity.com/ftgw/digital/portfolio/positions) - [Trade](https://digital.fidelity.com/ftgw/digital/trade-equity/index/orderEntry) - [Fidelity Trader+ Web](https://digital.fidelity.com/ftgw/digital/trader-dashboard) - [Fidelity Trader+](https://www.fidelity.com/trading/trading-platforms) - [Transfers](https://www.fidelity.com/customer-service/money-movement) - [Cash Management](https://digital.fidelity.com/ftgw/digital/cashmanagement) - [Bill Pay](https://digital.fidelity.com/ftgw/digital/billpay/home) - [Full View®](https://digital.fidelity.com/ftgw/pna/customer/pgc/networth/) - [Security Settings](https://digital.fidelity.com/ftgw/digital/security/dashboard/view) - [Account Features](https://digital.fidelity.com/ftgw/digital/portfolio/features) - [Documents](https://digital.fidelity.com/ftgw/digital/portfolio/documents) - [Tax Forms & Information](https://www.fidelity.com/tax-information/overview) - [Retirement Distributions](https://digital.fidelity.com/ftgw/digital/mrdhub) - [Refer a Friend](https://www.fidelity.com/customer-service/friendsandfamily3a) - [Investing]() - [Self Directed Investing](https://www.fidelity.com/investing/trading) - [Advanced Trading](https://www.fidelity.com/investing/advanced-trading) - [Investing for a Child](https://www.fidelity.com/investing/investing-for-kids) - [Managing Cash & Credit](https://www.fidelity.com/investing/manage-cash-credit-lending) - [Investment Accounts & Products](https://www.fidelity.com/investing/investment-accounts) - [Investing & Trading Education](https://www.fidelity.com/learning-center/personal-finance/investing-trading-education) - [Retirement]() - [Retirement Planning](https://www.fidelity.com/retirement/retirement-planning) - [401(k) Rollovers & IRA Transfers](https://www.fidelity.com/retirement/401k-rollover) - [Retirement Accounts](https://www.fidelity.com/retirement/retirement-accounts) - [Retirement Education](https://www.fidelity.com/learning-center/personal-finance/retirement-education) - [Wealth Management]() - [Wealth Management Offerings](https://www.fidelity.com/wealth/wealth-management-offerings) - [Financial Advisors](https://www.fidelity.com/wealth/financial-advisors) - [Financial Planning](https://www.fidelity.com/wealth/financial-planning) - [Investment Management](https://www.fidelity.com/wealth/investment-management) - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights) - [News & Research]() - [News](https://www.fidelity.com/news/overview) - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights) - [Watchlist](https://digital.fidelity.com/ftgw/digital/watwebex) - [Alerts](https://alertable.fidelity.com/ftgw/digital/alerts) - [Stocks, ETFs, Crypto](https://digital.fidelity.com/prgw/digital/research/src) - [Mutual Funds](https://fundresearch.fidelity.com/fund-screener) - [Fixed Income, Bonds & CDs](https://fixedincome.fidelity.com/ftgw/fi/FILanding) - [Options](https://digital.fidelity.com/ftgw/digital/options-home/) - [IPOs](https://brokerage.fidelity.com/ftgw/brkg/ipo/calendar) - [Annuities](https://fundresearch.fidelity.com/fund-screener/annuities/) - [Learn](https://www.fidelity.com/learning-center/overview) - [Customer Service](https://www.fidelity.com/customer-service/overview) - [Fidelity Assistant](https://www.fidelity.com/customer-service/overview?ccsource=FA_NAV) - [Profile](https://digital.fidelity.com/ftgw/digital/profile) [Log in](https://digital.fidelity.com/prgw/digital/login/full-page) [Open an account](https://www.fidelity.com/open-account/overview) [Fidelity.com Home](https://www.fidelity.com/) - [Customer Service](https://www.fidelity.com/customer-service/overview) - [Fidelity Assistant](https://www.fidelity.com/customer-service/overview?ccsource=FA_NAV) - [Profile](https://digital.fidelity.com/ftgw/digital/profile) - [Open an account](https://www.fidelity.com/open-account/overview) - [Log in](https://digital.fidelity.com/prgw/digital/login/full-page) - [Accounts & Trade]() - [Portfolio](https://digital.fidelity.com/prgw/digital/login/full-page?AuthRedUrl=https://digital.fidelity.com/ftgw/digital/portfolio/summary) - [Account Positions](https://digital.fidelity.com/ftgw/digital/portfolio/positions) - [Trade](https://digital.fidelity.com/ftgw/digital/trade-equity/index/orderEntry) - [Fidelity Trader+ Web](https://digital.fidelity.com/ftgw/digital/trader-dashboard) - [Fidelity Trader+](https://www.fidelity.com/trading/trading-platforms) - [Transfers](https://www.fidelity.com/customer-service/money-movement) - [Cash Management](https://digital.fidelity.com/ftgw/digital/cashmanagement) - [Bill Pay](https://digital.fidelity.com/ftgw/digital/billpay/home) - [Full View®](https://digital.fidelity.com/ftgw/pna/customer/pgc/networth/) - [Security Settings](https://digital.fidelity.com/ftgw/digital/security/dashboard/view) - [Account Features](https://digital.fidelity.com/ftgw/digital/portfolio/features) - [Documents](https://digital.fidelity.com/ftgw/digital/portfolio/documents) - [Tax Forms & Information](https://www.fidelity.com/tax-information/overview) - [Retirement Distributions](https://digital.fidelity.com/ftgw/digital/mrdhub) - [Refer a Friend](https://www.fidelity.com/customer-service/friendsandfamily3a) - [Investing]() - [Self Directed Investing](https://www.fidelity.com/investing/trading) - [Advanced Trading](https://www.fidelity.com/investing/advanced-trading) - [Investing for a Child](https://www.fidelity.com/investing/investing-for-kids) - [Managing Cash & Credit](https://www.fidelity.com/investing/manage-cash-credit-lending) - [Investment Accounts & Products](https://www.fidelity.com/investing/investment-accounts) - [Investing & Trading Education](https://www.fidelity.com/learning-center/personal-finance/investing-trading-education) - [Retirement]() - [Retirement Planning](https://www.fidelity.com/retirement/retirement-planning) - [401(k) Rollovers & IRA Transfers](https://www.fidelity.com/retirement/401k-rollover) - [Retirement Accounts](https://www.fidelity.com/retirement/retirement-accounts) - [Retirement Education](https://www.fidelity.com/learning-center/personal-finance/retirement-education) - [Wealth Management]() - [Wealth Management Offerings](https://www.fidelity.com/wealth/wealth-management-offerings) - [Financial Advisors](https://www.fidelity.com/wealth/financial-advisors) - [Financial Planning](https://www.fidelity.com/wealth/financial-planning) - [Investment Management](https://www.fidelity.com/wealth/investment-management) - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights) - [News & Research]() - [News](https://www.fidelity.com/news/overview) - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights) - [Watchlist](https://digital.fidelity.com/ftgw/digital/watwebex) - [Alerts](https://alertable.fidelity.com/ftgw/digital/alerts) - [Stocks, ETFs, Crypto](https://digital.fidelity.com/prgw/digital/research/src) - [Mutual Funds](https://fundresearch.fidelity.com/fund-screener) - [Fixed Income, Bonds & CDs](https://fixedincome.fidelity.com/ftgw/fi/FILanding) - [Options](https://digital.fidelity.com/ftgw/digital/options-home/) - [IPOs](https://brokerage.fidelity.com/ftgw/brkg/ipo/calendar) - [Annuities](https://fundresearch.fidelity.com/fund-screener/annuities/) - [Learn](https://www.fidelity.com/learning-center/overview) ## Learn - [Learn](https://www.fidelity.com/learning-center/overview) - [Favorites](https://www.fidelity.com/learning-center/favorites) - Topics - Financial essentials - [Saving and budgeting money](https://www.fidelity.com/learning-center/personal-finance/saving-and-budgeting-money "Saving and budgeting money") - [Managing debt](https://www.fidelity.com/learning-center/personal-finance/managing-debt "Managing debt") - [Saving for retirement](https://www.fidelity.com/learning-center/personal-finance/retirement/saving-for-retirement "Saving for retirement") - [Working and income](https://www.fidelity.com/learning-center/personal-finance/working-and-income "Working and income") - [Managing health care](https://www.fidelity.com/learning-center/personal-finance/managing-health-care "Managing health care") - [Talking to family about money](https://www.fidelity.com/learning-center/personal-finance/talking-to-family-about-money "Talking to family about money") - [Personal finance for students](https://www.fidelity.com/learning-center/personal-finance/personal-finance-for-students "Personal finance for students") - [Managing taxes](https://www.fidelity.com/learning-center/personal-finance/managing-taxes/managing-taxes "Managing taxes") - [Managing estate planning](https://www.fidelity.com/learning-center/personal-finance/managing-estate-planning "Managing estate planning") - [Making charitable donations](https://www.fidelity.com/learning-center/personal-finance/charitable-giving/making-charitable-donations "Making charitable donations") - Life events - [Changing jobs](https://www.fidelity.com/learning-center/life-events/career-planning "Changing jobs") - [Planning for college](https://www.fidelity.com/learning-center/life-events/prepare-for-college "Planning for college") - [Getting divorced](https://www.fidelity.com/learning-center/life-events/getting-divorced "Getting divorced") - [Becoming a parent](https://www.fidelity.com/learning-center/life-events/parenting "Becoming a parent") - [Caring for aging loved ones](https://www.fidelity.com/learning-center/life-events/caring-for-the-aging "Caring for aging loved ones") - [Marriage and partnering](https://www.fidelity.com/learning-center/life-events/marriage "Marriage and partnering") - [Buying or selling a house](https://www.fidelity.com/learning-center/life-events/selling-and-buying-house "Buying or selling a house") - [Retiring](https://www.fidelity.com/learning-center/personal-finance/retirement/planning-your-retirement "Retiring") - [Losing a loved one](https://www.fidelity.com/learning-center/life-events/loss-of-loved-one "Losing a loved one") - [Making a major purchase](https://www.fidelity.com/learning-center/life-events/major-purchase "Making a major purchase ") - [Experiencing illness or injury](https://www.fidelity.com/learning-center/life-events/injury-and-illness "Experiencing illness or injury") - [Disabilities and special needs](https://www.fidelity.com/learning-center/life-events/disabilities-and-special-needs "Disabilities and special needs") - [Aging well](https://www.fidelity.com/learning-center/life-events/aging-well "Aging well") - [Becoming self-employed](https://www.fidelity.com/learning-center/life-events/how-to-become-self-employed "Becoming self-employed") - Investing and trading - [Investing for beginners](https://www.fidelity.com/learning-center/trading-investing/investing-for-beginners "Investing for beginners") - [Trading for beginners](https://www.fidelity.com/learning-center/trading-investing/trading-for-beginners "Trading for beginners") - [Crypto basics](https://www.fidelity.com/learning-center/trading-investing/crypto/crypto-for-beginners "Crypto basics") - [Crypto: Beyond the basics](https://www.fidelity.com/learning-center/trading-investing/crypto/crypto-advanced "Crypto: Beyond the basics") - [Alternative investing](https://www.fidelity.com/learning-center/trading-investing/alternative-investing "Alternative investing") - [Exploring stocks and sectors](https://www.fidelity.com/learning-center/trading-investing/finding-stocks-and-sector-ideas "Exploring stocks and sectors") - [Investing for income](https://www.fidelity.com/learning-center/trading-investing/investing-for-income "Investing for income") - [Analyzing stock fundamentals](https://www.fidelity.com/learning-center/trading-investing/fundamental-analysis/analyzing-stock-fundamentals "Analyzing stock fundamentals") - [Using technical analysis](https://www.fidelity.com/learning-center/trading-investing/technical-analysis/using-technical-analysis "Using technical analysis") - Investment products - [ETFs](https://www.fidelity.com/learning-center/investment-products/etf/etfs "ETFs") - [Mutual funds](https://www.fidelity.com/learning-center/investment-products/mutual-funds/mutual-funds "Mutual funds ") - [Stocks](https://www.fidelity.com/learning-center/investment-products/stocks/stocks "Stocks") - [Fixed income, bonds, CDs](https://www.fidelity.com/learning-center/investment-products/fixed-income-bonds/fixed-income-bonds-cds "Fixed income, bonds, CDs") - [Annuities](https://www.fidelity.com/learning-center/investment-products/annuities "Annuities") - [Closed-end funds](https://www.fidelity.com/learning-center/investment-products/closed-end-funds/closed-end-funds "Closed-end funds") - Advanced trading - [Using margin](https://www.fidelity.com/learning-center/trading-investing/using-margin "Using margin") - [Options trading basics](https://www.fidelity.com/learning-center/investment-products/options/options-for-beginners "Options trading basics") - [Options: Beyond the basics](https://www.fidelity.com/learning-center/investment-products/options/options "Options: Beyond the basics") - [Advanced trading strategies](https://www.fidelity.com/learning-center/trading-investing/more-trading-strategies "Advanced trading strategies") - [Using Fidelity Trader+](https://www.fidelity.com/learning-center/trading-investing/trading-platforms/using-trader-plus "Using Fidelity Trader+") - [Options Strategy Guide](https://www.fidelity.com/learning-center/investment-products/options/options-strategy-guide/overview "Options Strategy Guide") - [Technical Indicator Guide](https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/overview "Technical Indicator Guide") - [Latest Market Insights](https://www.fidelity.com/viewpoints/market-and-economic-insights/market-volatility-overview "Latest Market Insights") - [Viewpoints: Expert insights](https://www.fidelity.com/learning-center/viewpoints "Viewpoints: Expert insights") - [Smart Money: Tips and tactics](https://www.fidelity.com/learning-center/smart-money "Smart Money: Tips and tactics") - [Money Unscripted](https://www.fidelity.com/learning-center/money-unscripted "Money Unscripted") - [The Trading Post](https://www.fidelity.com/learning-center/trading-post "The Trading Post") - [Women Talk Money](https://www.fidelity.com/learning-center/women-talk-money "Women Talk Money") - [Wealth Management Insights](https://www.fidelity.com/learning-center/wealth-management-insights "Wealth Management Insights") - Events - [Upcoming events](https://fidelityevents.com/allevents/special "Upcoming events") - [On-demand webinars](https://www.fidelity.com/learning-center/events/investing-webinars "On-demand webinars") - [Market briefings](https://fidelityevents.com/allevents/filtered?hubFilter=tags\|Coaching,Market%20Analysis#hub "Market briefings") - [Market Sense](https://www.fidelity.com/learning-center/live-pi "Market Sense") - [Trading Strategy Desk® coaching](https://www.fidelity.com/learning-center/events/coaching-sessions "Trading Strategy Desk® coaching") - [Trading Strategy Desk® classes](https://www.fidelity.com/learning-center/events/virtual-classrooms "Trading Strategy Desk® classes") - Search April 03, 2025 ![Estimate Time](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/article/time-clock-circle.svg)6 min Save ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/article/Bookmark.svg) ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/article/save-success.svg) Close Popover * Great, you have saved this article to you My Learn Profile page. Share ![Share](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/article/share.svg) Close Popover * Ways to invest in crypto \\| Fidelity Clicking a link will open a new window. - [Facebook](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto#facebook) - [Twitter](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto#twitter) - [LinkedIn](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto#linkedin) [Print ![Print](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/article/Print.svg)](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto#print) # Ways to invest in crypto Learn how crypto investment vehicles work. Fidelity Viewpoints ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/migration/article/content_02/ways-to-invest-in-crypto_B.png) ### Key takeaways - There are currently 3 main ways retail investors can gain exposure to crypto: buying crypto directly, buying crypto ETPs or crypto-related ETFs, or buying crypto stocks. - Note that the crypto industry may be more susceptible to market manipulation than securities, and direct holders of crypto do not benefit from the same regulatory protections applicable to registered securities. Also note that the future regulatory environment for crypto is uncertain. - Those who buy crypto directly should note that crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. Only buy crypto with an amount you're willing to lose. Despite the dramatic [ups and downs](https://www.fidelity.com/learning-center/trading-investing/crypto/what-makes-crypto-go-up-and-down) of the crypto market, interest in crypto is growing. This growth has helped increase the diversity of investment options in the market. Retail investors looking to enter the market can now choose between [buying crypto outright](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-buy-crypto) or buying a crypto-related asset. Those interested in the full experience of crypto ownership may opt for the former, while others may prefer indirect exposure through the latter. In both cases, the market now offers multiple ways to get in on the emerging crypto markets. Let's discuss the basics of how they work. ### What is cryptocurrency? Before you invest, consider making sure you understand [what cryptocurrencies are](https://www.fidelity.com/learning-center/trading-investing/what-is-crypto) and [how they work](https://www.fidelity.com/learning-center/trading-investing/what-is-blockchain). In a nutshell, cryptocurrencies are digital assets that can be bought and sold. Unlike stocks, however, owning crypto does not give you legal ownership of a company. Instead, you are buying a digital asset you are betting will rise in value. Some cryptocurrencies may also offer some [practical utility](https://www.fidelity.com/learning-center/trading-investing/crypto/crypto-in-the-real-world), like the ability to exchange them for goods and services. In general, [crypto is highly volatile](https://www.fidelity.com/learning-center/trading-investing/bitcoin-price), so make sure you understand the [implications of a potential investment](https://www.fidelity.com/learning-center/trading-investing/bitcoin-investment-considerations) before jumping in. Note that crypto may be more susceptible to market manipulation than securities, and direct investments in crypto do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Direct investments in crypto are also not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose. ### Ways to invest in cryptocurrency If you understand the fundamentals, know the [risks](https://www.fidelity.com/learning-center/trading-investing/crypto/risks-and-benefits-of-crypto) involved with investing, and have decided to enter the market, there are a few ways to gain exposure. ![Advantages and disadvantages of buying cryptocurrency.](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/migration/article/content_02/buying-crypto-outright.png) ### 1\. Buying crypto outright The most straightforward way to gain exposure to cryptocurrency is by investing in the coins you're interested in. This is most commonly done via a traditional investment platform or crypto exchange. There are some unique aspects to this strategy. For example, [buying crypto outright](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-buy-crypto) gives you exposure to the industry in as little as minutes. Entering an order on a traditional investment platform or an exchange can also provide hands-on experience on the buying process, which can be useful for better understanding how crypto works. Buying crypto outright may give you [complete custody](https://www.fidelity.com/learning-center/trading-investing/crypto/non-custodial-wallets-vs-custodial-wallets) over your coins, which allows you to transfer coins between [wallets](https://www.fidelity.com/learning-center/trading-investing/crypto/crypto-wallet) (i.e., personal crypto accounts). This may make it easier to understand how blockchain technology works. And because the markets are open 7 days a week, there's more flexibility to decide when you want to invest compared to traditional assets like stocks and ETFs. However, there are also risks to be aware of. Before buying crypto outright, consider learning the [basics of crypto cybersecurity](https://www.fidelity.com/learning-center/trading-investing/is-bitcoin-safe) first. Like any digital asset, crypto is vulnerable to online theft. [Transferring coins](https://www.fidelity.com/learning-center/trading-investing/how-to-send-bitcoin) is also a multi-step process where even small errors could mean losing access to investments forever. And remember crypto is highly volatile, and that there's a possibility that the value of any cryptocurrency can drop to zero. Subscribe to Decode Crypto Boost your crypto knowledge. Sign up for monthly insights from crypto thought leaders. [Subscribe now](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto#subscribe-container) ### 2\. Buying crypto ETPs or crypto-related ETFs on a brokerage platform Another way to gain exposure to the crypto industry is by buying [spot crypto exchange-traded products (ETPs)](https://www.fidelity.com/learning-center/trading-investing/spot-bitcoin-ETP "crypto exchange-traded products (ETPs)"), which provide exposure to a cryptocurrency’s value without needing to actually buy the coin yourself. Those who aren’t familiar with the nuances of crypto cybersecurity might find it easier to buy a crypto ETP. And because you can buy ETPs through more traditional routes like brokerage accounts, IRAs, and trusts, tax and estate planning considerations may be simpler to manage compared to buying crypto directly. Note, however, that ETPs don’t give you direct ownership of the cryptocurrency, and can come with unique trading limitations and investment risks. For example, ETPs can only be traded during traditional market hours, which means holders have to wait until the market opens to enter or exit any positions, even if crypto prices make a large move during the weekend. [Spot crypto ETPs](https://www.fidelity.com/learning-center/trading-investing/spot-bitcoin-ETP) are also relatively new, and it remains to be seen whether they will achieve widespread adoption. If they don’t, there could be liquidity issues, i.e., your buys may only get filled at higher prices than what you’re looking for, and your sells may be filled at lower prices. Finally, ETPs don’t remove the security and volatility risks associated with owning cryptocurrencies. You can also gain exposure to the crypto industry by buying crypto-related exchange-traded funds (ETFs). Broadly speaking, there are 2 types of crypto-related ETFs. Stock-based ETFs give you exposure to a diversified basket of cryptocurrency stocks (i.e., the stocks of companies that operate in the crypto industry). Futures-based ETFs give you exposure to the futures of either a specific cryptocurrency or a basket of cryptocurrencies. ETFs that track the broader crypto industry may offer less volatility compared to buying individual cryptocurrencies. Investors looking to invest in the industry as a whole may find it more convenient to buy an ETF, as opposed to buying individual coins and company stocks. Like ETPs, ETFs don't give you ownership of actual cryptocurrencies, which means they can't be used to pay for goods and services. Also, because ETFs are portfolios made up of multiple investments, the upside associated with individual cryptocurrencies or associated companies can be diluted. If a specific coin or company appreciates in value, you may not be able to capture the same level of growth by holding an ETF. Note that a similar consideration applies to ETPs, which generally do not track the price of the underlying cryptocurrency on a 1:1 basis. ![Advantages and disadvantages of buying crypto-related stocks.](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/migration/article/content_02/crypto-stocks.png) ### 3\. Buying cryptocurrency stocks Another way to invest in crypto is by buying individual stocks of companies in the crypto industry. Examples include crypto exchanges, bitcoin mining companies, and banks that provide solutions for crypto companies. Crypto stocks offer a way for investors to bet on which companies will lead the industry. And while buying crypto on an exchange incurs trading fees, most major brokerages allow you to trade stocks without fees (though they may still charge a spread). However, inexperienced investors should be aware this strategy has its risks. Crypto's inherent volatility, poor earnings reports, negative industry trends, and other factors, can all cause a stock's value to plummet. Less-experienced investors may not want to put all their eggs in the same basket, in which case crypto-related ETFs may be a preferable option. ### A note about holding spot crypto or crypto ETPs in retirement accounts As the market matures, more brokerage platforms and financial services companies may start offering the option to hold [crypto or crypto-related assets in retirement accounts](https://www.fidelity.com/learning-center/trading-investing/crypto-ira "crypto or crypto-related assets in retirement accounts"). Those who can buy cryptocurrency in a retirement account may be able to capture potential advantages, including the possibility of enhanced portfolio returns and increased portfolio diversification. On the other hand, investors should also think critically about the [potential downsides](https://www.fidelity.com/learning-center/trading-investing/crypto-ira "potential downsides"), most notably that crypto is high risk. The goal of a retirement account is to provide financial stability for your later years by setting aside money you don’t plan on touching for decades. For this reason, portfolio allocation is often built around index and mutual funds, which offer diversification and may be relatively lower risk. In contrast, cryptocurrencies are high risk. They’re an emerging investment and their longevity is still uncertain, which may not align with the goal of a retirement account. In the event crypto goes to zero, those who have crypto in a retirement account may be forced to delay their retirement and work for longer than originally planned. ### What to consider when investing in crypto Because the industry is still young and volatile, prioritizing risk management over upside may save you emotional and financial stress. Given the ups and downs, only invest an amount you can afford to lose. This could help you avoid catastrophic financial consequences in the event investments go south. Finally, remember that crypto may be more susceptible to market manipulation than securities, and crypto holders do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose. ## Trade with Fidelity Crypto® Buy, sell, and transfer crypto in the same app where you trade stocks and ETFs. [Open an account](https://www.fidelity.com/crypto/trading) ## More to explore ### [Crypto at Fidelity](https://www.fidelity.com/crypto/overview) Learn about Fidelity’s approach and explore investment ideas. ### [Covering Crypto Livestream](https://fidelityevents.com/allevents/special/filtered?hubFilter=tags%7Ccrypto) Get in the know and register for the next event. ## Subscribe to Decode Crypto Clarity on crypto every month. Build your knowledge with education for all levels. ### Looking for more ideas and insights? We'll deliver them right to your inbox. Manage subscriptions ### Thanks for subscribing\! Check out your Favorites page, where you can: - Tell us the topics you want to learn more about - View content you've saved for later - Subscribe to our newsletters [Go to Favorites](https://www.fidelity.com/learning-center/favorites) ### We're on our way, but not quite there yet Good news, you're on the early-access list. But we're not available in your state just yet. As soon as we are, we'll let you know. In the meantime, boost your crypto brainpower in our Learning Center. Manage subscriptions ### Oh, hello again\! Good news, you’re already on the early-access list. Keep an eye on your email for your invitation to Fidelity Crypto. Manage subscriptions Close dialog ### Thanks for subscribing to Looking for more ideas and insights? You might like these too: ### Looking for more ideas and insights? You might like these too: ### Fidelity Viewpoints® Timely news and insights from our pros on markets, investing, and personal finance.(debug tcm:2 ... ### Decode Crypto Clarity on crypto every month. Build your knowledge with education for all levels. ### Fidelity Smart Money℠ What the news means for your money, plus tips to help you spend, save, and invest. ### Active Investor Our most advanced investment insights, strategies, and tools. ### Insights from Fidelity Wealth Management ℠ Timely news, events, and wealth strategies from top Fidelity thought leaders. ### Women Talk Money Real talk and helpful tips about money, investing, and careers. ### Educational Webinars and Events Free financial education from Fidelity and other leading industry professionals. Fidelity Viewpoints® Timely news and insights from our pros on markets, investing, and personal finance.(debug tcm:2 ... Decode Crypto Clarity on crypto every month. Build your knowledge with education for all levels. Fidelity Smart Money℠ What the news means for your money, plus tips to help you spend, save, and invest. Active Investor Our most advanced investment insights, strategies, and tools. Insights from Fidelity Wealth Management ℠ Timely news, events, and wealth strategies from top Fidelity thought leaders. Women Talk Money Real talk and helpful tips about money, investing, and careers. Educational Webinars and Events Free financial education from Fidelity and other leading industry professionals. Done Add subscriptions No, thanks. Loading - [Finding stock and sector ideas](https://www.fidelity.com/learning-center/trading-investing/finding-stocks-and-sector-ideas) - [Investing for beginners](https://www.fidelity.com/learning-center/trading-investing/investing-for-beginners) - [Crypto](https://www.fidelity.com/learning-center/trading-investing/crypto) - [Investing for income](https://www.fidelity.com/learning-center/trading-investing/investing-for-income) - [Preparing for retirement](https://www.fidelity.com/learning-center/personal-finance/retirement/planning-your-retirement) - [Saving for retirement](https://www.fidelity.com/learning-center/personal-finance/retirement/saving-for-retirement) - [Living in retirement](https://www.fidelity.com/learning-center/personal-finance/retirement/planning-your-retirement) - [ETFs](https://www.fidelity.com/learning-center/investment-products/etf/etfs) - [Stocks](https://www.fidelity.com/learning-center/investment-products/stocks/stocks) - [Using technical analysis](https://www.fidelity.com/learning-center/trading-investing/technical-analysis/using-technical-analysis) Past performance is no guarantee of future results. 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. Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by Fidelity Digital Assets, National Association, 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. Fidelity Crypto and Fidelity Digital Assets are registered service marks of FMR LLC. A spot bitcoin ETP is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA. Spot crypto ETPs are not investment companies registered under the Investment Company Act of 1940 (the “1940 Act”) nor are they commodity pools under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of spot crypto ETPs do not have the protections associated with ownership of shares in a registered investment company nor are shareholders afforded the protections of investing in an CEA-regulated instrument or commodity pool. The performance of each fund or funds will not reflect the specific return an investor would realize if the investor actually purchased cryptocurrency. Investors in either fund will not have any rights that cryptocurrency holders have and will not have the right to receive any redemption proceeds in the underlying cryptocurrency. As with all your investments through Fidelity, you must make your own determination whether an investment in any particular digital asset/cryptocurrency is consistent with your investment objectives, risk tolerance, financial situation, and evaluation of the digital asset. Neither Fidelity nor any of its affiliates are recommending or endorsing these assets by making them available. Diversification does not ensure a profit or guarantee against loss. 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. Exchange-traded products (ETPs) are subject to market volatility and the risks of their underlying securities, which may include the risks associated with investing in smaller companies, foreign securities, commodities, and fixed income investments. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1048804\.12.0 - [Mutual Funds](https://www.fidelity.com/mutual-funds/overview) - [ETFs](https://www.fidelity.com/etfs/overview) - [Fixed Income](https://www.fidelity.com/fixed-income-bonds/overview) - [Bonds](https://www.fidelity.com/fixed-income-bonds/individual-bonds/overview) - [CDs](https://www.fidelity.com/fixed-income-bonds/cds) - [Options](https://www.fidelity.com/options-trading/overview) - [Crypto](https://www.fidelity.com/crypto/overview) - [Fidelity Trader+](https://www.fidelity.com/trading/trading-platforms) - [Investor Centers](https://www.fidelity.com/branches/branch-locations) - [Stocks](https://www.fidelity.com/stock-trading/overview) - [Online Trading](https://www.fidelity.com/trading/overview) - [Direct Indexing](https://www.fidelity.com/direct-indexing/overview) - [Sustainable Investing](https://www.fidelity.com/sustainable/overview) - [Annuities](https://www.fidelity.com/annuities/overview) - [Life Insurance](https://www.fidelity.com/life-insurance/term-life-insurance/overview) - [Long-Term Care Planning](https://www.fidelity.com/life-insurance/long-term-care/overview) - [529 Plans](https://www.fidelity.com/529-plans/overview) - [Health Savings Account](https://www.fidelity.com/go/hsa/why-hsa) - [IRAs](https://www.fidelity.com/retirement/retirement-accounts) - [Retirement Planning](https://www.fidelity.com/retirement/retirement-planning) - [Small Business Retirement Plans](https://www.fidelity.com/retirement-ira/small-business/compare-retirement-plans) - [Charitable Giving](https://www.fidelity.com/building-savings/charity-and-philanthropy) - [Marketplace Solutions](https://www.fidelity.com/go/marketplace/overview) - [FINRA's BrokerCheck, (Opens in a new window)](https://brokercheck.finra.org/Firm/Summary/7784) - [Why Fidelity](https://www.fidelity.com/why-fidelity/overview) ### Stay Connected The search input box here - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/FidCom_SocialIcons_0003_Instagram.png) [Instagram, (Opens in a new window)](https://www.instagram.com/fidelityinvestments) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/FidCom_SocialIcons_0002_LinkedIn.png) [LinkedIn, (Opens in a new window)](https://www.linkedin.com/company/fidelity-investments) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/FidCom_SocialIcons_0004_YouTube.png) [YouTube, (Opens in a new window)](https://www.youtube.com/user/fidelityinvestments) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/FidCom_SocialIcons_0006_Reddit.png) [Reddit, (Opens in a new window)](https://www.reddit.com/r/fidelityinvestments/) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/FidCom_SocialIcons_0007_X.png) [X (Twitter), (Opens in a new window)](https://www.twitter.com/fidelity) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/FidCom_SocialIcons_0000_Facebook.png) [Facebook, (Opens in a new window)](https://www.facebook.com/fidelityinvestments) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/tiktok%20icon.png) [TikTok, (Opens in a new window)](https://www.tiktok.com/@fidelityinvestments) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/Discord-Logo-Color-1.png) [Discord, (Opens in a new window)](https://discord.gg/FidelityInvestments) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/fidelitymobile26x26.png) [Fidelity Apps](https://www.fidelity.com/mobile/overview) - ![](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/refer26x26.png) [Refer a Friend](https://www.fidelity.com/customer-service/friendsandfamily3a?ccsource=RAFFooterNav) ![Fidelity.com Home](https://www.fidelity.com/bin-public/600_Fidelity_Com_English/images/footer/Fidelity-footer-logo.svg) - [Careers](https://jobs.fidelity.com/) - [News Releases](https://newsroom.fidelity.com/) - [About Fidelity](https://about.fidelity.com/) - [International](https://www.fidelityinternational.com/) Copyright 1998-2026 FMR LLC. All Rights Reserved. - [Terms of Use](https://www.fidelity.com/terms-of-use) - [Privacy](https://www.fidelity.com/privacy/overview) - [Security](https://www.fidelity.com/security/overview) - [Site Map](https://www.fidelity.com/sitemap/overview) - [Accessibility](https://www.fidelity.com/accessibility/overview) - [Contact Us](https://www.fidelity.com/customer-service/contact-us) , (Opens in a new window) - [Share Your Screen](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto) - [Disclosures](https://communications.fidelity.com/information/crs/) , (Opens in a new window) - [Manage My Targeting/Advertising Cookies](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto) [This is for persons in the US only.](https://www.fidelity.com/terms-of-use#For) Privacy Settings When you visit our website, it may store or retrieve information on your browser, mostly in the form of cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience on this site and the services we are able to offer. * Strictly Necessary Cookies These cookies are necessary for this website to function and cannot be switched off in our systems. You can set your browser to block or alert you about these cookies, but if you block these cookies, some parts of the site will not work. These cookies do not store any personally identifiable information. * Performance Cookies These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. * Functional Cookies These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly. * Targeting or Advertising Cookies These cookies help us present relevant online advertising and marketing messages to you, and measure the effectiveness of our advertising and marketing campaigns. These cookies may be placed on your device by us or by our third-party advertising providers. When these cookies have been placed on your device, they can be recognized by certain advertising platforms used by other websites you visit, and this allows us to present our advertisements to you on those third party websites. While targeting cookies can identify you when you visit different websites, the information collected is anonymous. They do not store personal information, but are based on uniquely identifying your browser and device. If you do not allow these cookies, our online advertisements that you see may be less relevant to you. *** Cancel Save Close dialog ## close virtual assistant close Fidelity Virtual Assistant menu ## Menu - Important Information ![](data:image/png;base64,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) Welcome to the Fidelity Assistant\! Start typing and we'll suggest a few topics for you. You can also enter a simple question or phrase, and we'll offer our best answer. Ready? Let's get started. [Important information](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-invest-in-crypto) ![](data:image/png;base64,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) To get your conversation started, type a question in the entry field or choose from one of the following popular topics and commonly asked questions. - Are there any resources available for beginners in investing and trading on Fidelity Learn? - Do you offer any online resources or training to learn how to invest in ETFs and trade? - How can I learn more about cryptocurrencies? Provide Feedback answers will appear above the text input Submit message
Readable Markdown	Despite the dramatic [ups and downs](https://www.fidelity.com/learning-center/trading-investing/crypto/what-makes-crypto-go-up-and-down) of the crypto market, interest in crypto is growing. This growth has helped increase the diversity of investment options in the market. Retail investors looking to enter the market can now choose between [buying crypto outright](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-buy-crypto) or buying a crypto-related asset. Those interested in the full experience of crypto ownership may opt for the former, while others may prefer indirect exposure through the latter. In both cases, the market now offers multiple ways to get in on the emerging crypto markets. Let's discuss the basics of how they work. ### What is cryptocurrency? Before you invest, consider making sure you understand [what cryptocurrencies are](https://www.fidelity.com/learning-center/trading-investing/what-is-crypto) and [how they work](https://www.fidelity.com/learning-center/trading-investing/what-is-blockchain). In a nutshell, cryptocurrencies are digital assets that can be bought and sold. Unlike stocks, however, owning crypto does not give you legal ownership of a company. Instead, you are buying a digital asset you are betting will rise in value. Some cryptocurrencies may also offer some [practical utility](https://www.fidelity.com/learning-center/trading-investing/crypto/crypto-in-the-real-world), like the ability to exchange them for goods and services. In general, [crypto is highly volatile](https://www.fidelity.com/learning-center/trading-investing/bitcoin-price), so make sure you understand the [implications of a potential investment](https://www.fidelity.com/learning-center/trading-investing/bitcoin-investment-considerations) before jumping in. Note that crypto may be more susceptible to market manipulation than securities, and direct investments in crypto do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Direct investments in crypto are also not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose. ### Ways to invest in cryptocurrency If you understand the fundamentals, know the [risks](https://www.fidelity.com/learning-center/trading-investing/crypto/risks-and-benefits-of-crypto) involved with investing, and have decided to enter the market, there are a few ways to gain exposure. ### 1\. Buying crypto outright The most straightforward way to gain exposure to cryptocurrency is by investing in the coins you're interested in. This is most commonly done via a traditional investment platform or crypto exchange. There are some unique aspects to this strategy. For example, [buying crypto outright](https://www.fidelity.com/learning-center/trading-investing/crypto/ways-to-buy-crypto) gives you exposure to the industry in as little as minutes. Entering an order on a traditional investment platform or an exchange can also provide hands-on experience on the buying process, which can be useful for better understanding how crypto works. Buying crypto outright may give you [complete custody](https://www.fidelity.com/learning-center/trading-investing/crypto/non-custodial-wallets-vs-custodial-wallets) over your coins, which allows you to transfer coins between [wallets](https://www.fidelity.com/learning-center/trading-investing/crypto/crypto-wallet) (i.e., personal crypto accounts). This may make it easier to understand how blockchain technology works. And because the markets are open 7 days a week, there's more flexibility to decide when you want to invest compared to traditional assets like stocks and ETFs. However, there are also risks to be aware of. Before buying crypto outright, consider learning the [basics of crypto cybersecurity](https://www.fidelity.com/learning-center/trading-investing/is-bitcoin-safe) first. Like any digital asset, crypto is vulnerable to online theft. [Transferring coins](https://www.fidelity.com/learning-center/trading-investing/how-to-send-bitcoin) is also a multi-step process where even small errors could mean losing access to investments forever. And remember crypto is highly volatile, and that there's a possibility that the value of any cryptocurrency can drop to zero. ### 2\. Buying crypto ETPs or crypto-related ETFs on a brokerage platform Another way to gain exposure to the crypto industry is by buying [spot crypto exchange-traded products (ETPs)](https://www.fidelity.com/learning-center/trading-investing/spot-bitcoin-ETP "crypto exchange-traded products (ETPs)"), which provide exposure to a cryptocurrency’s value without needing to actually buy the coin yourself. Those who aren’t familiar with the nuances of crypto cybersecurity might find it easier to buy a crypto ETP. And because you can buy ETPs through more traditional routes like brokerage accounts, IRAs, and trusts, tax and estate planning considerations may be simpler to manage compared to buying crypto directly. Note, however, that ETPs don’t give you direct ownership of the cryptocurrency, and can come with unique trading limitations and investment risks. For example, ETPs can only be traded during traditional market hours, which means holders have to wait until the market opens to enter or exit any positions, even if crypto prices make a large move during the weekend. [Spot crypto ETPs](https://www.fidelity.com/learning-center/trading-investing/spot-bitcoin-ETP) are also relatively new, and it remains to be seen whether they will achieve widespread adoption. If they don’t, there could be liquidity issues, i.e., your buys may only get filled at higher prices than what you’re looking for, and your sells may be filled at lower prices. Finally, ETPs don’t remove the security and volatility risks associated with owning cryptocurrencies. You can also gain exposure to the crypto industry by buying crypto-related exchange-traded funds (ETFs). Broadly speaking, there are 2 types of crypto-related ETFs. Stock-based ETFs give you exposure to a diversified basket of cryptocurrency stocks (i.e., the stocks of companies that operate in the crypto industry). Futures-based ETFs give you exposure to the futures of either a specific cryptocurrency or a basket of cryptocurrencies. ETFs that track the broader crypto industry may offer less volatility compared to buying individual cryptocurrencies. Investors looking to invest in the industry as a whole may find it more convenient to buy an ETF, as opposed to buying individual coins and company stocks. Like ETPs, ETFs don't give you ownership of actual cryptocurrencies, which means they can't be used to pay for goods and services. Also, because ETFs are portfolios made up of multiple investments, the upside associated with individual cryptocurrencies or associated companies can be diluted. If a specific coin or company appreciates in value, you may not be able to capture the same level of growth by holding an ETF. Note that a similar consideration applies to ETPs, which generally do not track the price of the underlying cryptocurrency on a 1:1 basis. ### 3\. Buying cryptocurrency stocks Another way to invest in crypto is by buying individual stocks of companies in the crypto industry. Examples include crypto exchanges, bitcoin mining companies, and banks that provide solutions for crypto companies. Crypto stocks offer a way for investors to bet on which companies will lead the industry. And while buying crypto on an exchange incurs trading fees, most major brokerages allow you to trade stocks without fees (though they may still charge a spread). However, inexperienced investors should be aware this strategy has its risks. Crypto's inherent volatility, poor earnings reports, negative industry trends, and other factors, can all cause a stock's value to plummet. Less-experienced investors may not want to put all their eggs in the same basket, in which case crypto-related ETFs may be a preferable option. ### A note about holding spot crypto or crypto ETPs in retirement accounts As the market matures, more brokerage platforms and financial services companies may start offering the option to hold [crypto or crypto-related assets in retirement accounts](https://www.fidelity.com/learning-center/trading-investing/crypto-ira "crypto or crypto-related assets in retirement accounts"). Those who can buy cryptocurrency in a retirement account may be able to capture potential advantages, including the possibility of enhanced portfolio returns and increased portfolio diversification. On the other hand, investors should also think critically about the [potential downsides](https://www.fidelity.com/learning-center/trading-investing/crypto-ira "potential downsides"), most notably that crypto is high risk. The goal of a retirement account is to provide financial stability for your later years by setting aside money you don’t plan on touching for decades. For this reason, portfolio allocation is often built around index and mutual funds, which offer diversification and may be relatively lower risk. In contrast, cryptocurrencies are high risk. They’re an emerging investment and their longevity is still uncertain, which may not align with the goal of a retirement account. In the event crypto goes to zero, those who have crypto in a retirement account may be forced to delay their retirement and work for longer than originally planned. ### What to consider when investing in crypto Because the industry is still young and volatile, prioritizing risk management over upside may save you emotional and financial stress. Given the ups and downs, only invest an amount you can afford to lose. This could help you avoid catastrophic financial consequences in the event investments go south. Finally, remember that crypto may be more susceptible to market manipulation than securities, and crypto holders do not benefit from the same regulatory protections applicable to registered securities. Also, the future regulatory environment for crypto is currently uncertain. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation, meaning you should only buy crypto with an amount you're willing to lose.
Shard	93 (laksa)
Root Hash	17952695050214760493
Unparsed URL	com,fidelity!www,/learning-center/trading-investing/crypto/ways-to-invest-in-crypto s443