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Wealthfront Becomes First Automated Investment Firm To Offer Bitcoin Price Exposure
Bitcoin News now admin /

On Saturday, Robo-advisor firm Wealthfront announced on its website that clients can now get Bitcoin price exposure through their portfolios. The firm is the first automated investment service to provide Bitcoin price exposure to its clients.

Clients at Wealthfront can now get exposure to the Bitcoin price through purchasing “unit investment trusts” of Grayscale Bitcoin Trust. The trusts are added to the clients’ portfolios just like any other ETF offered by Wealthfront.

Wealthfront’s offering will provide Bitcoin exposure to nearly half a million clients. The firm currently has over $25 billion in assets under management.