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5.30%Bitcoin IRA Reports Clients Invested Over $100M in 'IRA Earn' Program
The new program allows investors to deposit funds into a self-directed retirement account.
Updated Sep 14, 2021, 12:29 p.m. Published Mar 19, 2021, 2:23 p.m.
Retirement savings platform Bitcoin IRA said on Friday over $100 million has been invested in its new interest-earning program in 30 days.
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- In an announcement, the Los Angeles-based company said the new IRA Earn program allows investors to deposit funds into a self-directed retirement account earning 6% annual percentage yield on cash, 2.7% on ethereum and 2% on bitcoin.
- On Tuesday, Bitcoin IRA Chief Operating Officer Chris Kline appeared on CoinDesk TV to discuss the rapid growth of the platform the IRA Earn program.
Read more: eToro’s CEO on Taking the Company Public; Bitcoin IRAs
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
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