Investing involves risks, including the risk of loss. Cryptocurrencies are highly volatile, can lose liquidity at any time, and are intended for investors with a high risk tolerance. Cryptocurrency investors could lose the entire value of their investment. Fidelity CryptoSM is offered by Fidelity Digital AssetsSM.
As the CEO of a commodities and futures brokerage firm, I am well aware of the risks associated with Bitcoin, both in the short and long term. Another reason Bitcoin is so risky is that it's a tradable asset, but it's not backed by anything.