Micro-Investing App Acorns Adds Bitcoin Exposure Option

29 March, 2022

Exciting news as our portfolio company, Acorns, has announced the option for customers to add bitcoin (BTC) exposure for long-term investing.

Acorns Chief Investment Officer Seth Wunder spoke with CoinDesk about the news, stating, “We’ve always been open-minded and flexible to the idea that as other asset classes mature and become something that we can deliver to customers, we would love to include that in the appropriate way. Cryptocurrency, specifically bitcoin, in our opinion has gotten to that place where it’s an acceptable piece of people’s portfolios.”

Acorns customers can invest up to 5% of their Acorns Invest portfolio in bitcoin through the ProShares Bitcoin Strategy ETF (BITO), a bitcoin futures fund that went public on the New York Stock Exchange last October.

Read more: Coindesk

Source: Coindesk

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