Fidelity Crypto has significantly enhanced its platform by enabling customers to send and receive Bitcoin, granting them full self-custody of their assets. This update bridges the gap between traditional brokerage services and the decentralized nature of personal crypto wallets, more than two years after the platform’s initial launch.

In another key development, Fidelity is making its Physical Bitcoin Exchange-Traded Product (ETP) available to retail clients in the United Kingdom. Originally launched in February 2022 and listed on several European exchanges, the product is now accessible to a broader audience following a pivotal regulatory change.

UK Regulator Opens the Door for Crypto Products

The move was made possible after the UK’s Financial Conduct Authority (FCA) lifted its ban on crypto ETPs for retail investors on October 8, 2025. This regulatory shift has paved the way for established asset managers to offer regulated crypto exposure to the public. Following the FCA’s decision, major firms like BlackRock and WisdomTree have also entered the market, with BlackRock listing its iShares Bitcoin ETP on the London Stock Exchange in mid-October.

Fidelity’s Physical Bitcoin ETP is the first crypto asset to be offered to the firm’s advised platform clients, with plans to introduce additional products in the near future.

Professional-Grade Access for Retail Investors

Dennis Pellerito, head of UK wholesale at Fidelity International, explained that the ETP provides secure, institutional-grade access to Bitcoin. He noted that until now, many retail investors were limited to less secure channels or indirect exposure through proxy stocks. The product, which tracks the price of Bitcoin, is designed to be both cost-effective and convenient.

Reflecting its commitment to accessibility, Fidelity recently reduced the ETP’s ongoing charges figure to 0.25%. While the company plans to expand its crypto offerings based on client demand and due diligence, it continues to advise investors to conduct thorough research before engaging with digital assets.