What has been the take-up for Fidelity’s Digital Assets Accounts?

Four years ago, Fidelity launched Digital Assets Accounts available to workplace retirement plans.

Does anyone have a sense, however anecdotal, of how many plans allow this investment alternative?

And of plans that have this, what is your guess on the percentage of participants with any allocation to this investment alternative?

Four dozen views and no reply might suggest Fidelity’s Digital Assets Account might have relatively few fiduciaries’ approvals.

Or, that take-ups were in Fidelity service platforms with little or no TPA involvement.

There is no readily available resource to provide a quantitative analysis of investments held in trust accounts of retirement plans.  Financial advisers are being very cautious about promoting crypto so they have not taken a public stance on the merits of adding digital assets to plan investment menus.

Much of the caution is around the ability of individual plan participants to make informed investment decisions about digital assets.  I will speculate that professionally managed defined benefit plan trusts already have started testing the waters. 

Here is a publication (a compilation of articles) released by Fidelity Digital Assets looking forward into 2026. One of the more telling charts appears on page 11.  It shows the number of public companies (49) that hold over 1,000+ bitcoin which is a 223% increase since the beginning of 2025.  This is at least $76,180,000 for each company at today's price.  Certainly, there are many more that 49 public companies holding bitcoin.  https://fwc.widen.net/s/qdl5rdxqrg/fda_2026_lookaheadreport_v3

Given that public companies are regulated and are willing to communicate to shareholders that the company hold digital assets.  It is reasonable to conclude that as shareholders' comfort level with digital assets increase, then that comfort level will spill over into retirement plan investment portfolios.

The number of public companies currently investing in digital assets is relatively small, and the investment each company makes into digital assets is relatively small, it is reasonable that when digital assets start showing up in plan investment menus, there initially will be limits put on a participant's ability to allocate their plan accounts into digital assets.

Right now, no one wants to go all in with digital assets lest they lose big and be the face of the biggest retirement plan disaster since the Studebaker shutdown inspired ERISA.

Paul I, thank you for sharing these investment perspectives.

My view, and non-reply, are because I only have a handful of Fidelity clients.  (Side note:  I'm not a big fan of their product.  I find the website clunky and their insistence on using their own document off-putting.  Maybe it's only in the products we are servicing and other Fidelity lines are more user friendly?)

[edited for poor spelling and punctuation..]