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I just found out how to turn my Fidelity 401k into FBTC.

Why not regular Bitcoin? Because that’s all I’m allowed to do in a 401k.

Why didn’t I do it earlier? Because there was a process to create a brokerage acct and link it to my 401k.

I was also waiting for a dip, and decided this was it.

And I’m a Bitcoiner!

The ETFs are just getting started. Imagine the millions of people that only have Bitcoin exposure through ETFs. Imagine all the new funds they are being added to.. patience..

deeznuts 1y ago

I looked to see if it could be done in mine it was not possible as the company 401k is severely limited to slave banking funds

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Discussion

nostr.build 1y ago

Some allow you to create and connect a ‘brokerage acct’, it wouldn’t be in the usual options.

deeznuts 1y ago

But, I imagine one cannot shift 401k funds to the ETFs

nostr.build 1y ago

They can, if their ETF provider lets them connect to a brokerage acct, or often transfer to an IRA. It’s a few extra steps and many don’t have the option. A friend had to transfer it completely out to an IRA.