Fidelity's Bitcoin Skim

… I see very good things for Executive Compensation.

What Bitcoin Could Be Worth to Fidelity. You’ll Be Surprised.…

Fidelity says it will charge fees between 0.75% and 0.9% for the digital assets account, in addition to undisclosed transaction fees. The company says it will limit Bitcoin to 20% of a 401(k) balance.

Assuming a 1% to 5% allocation for investors, Fidelity could earn between $203 million and $1.2 billion in administrative fees from its Bitcoin accounts, not including transaction fees. Assuming 10% of its $2.7 trillion in assets eventually goes into Bitcoin, Fidelity could rake in more than $2 billion in annual administrative fees.