nvestment app Acorns has added the option for its user to invest up to 5% in btc via their investment accounts.
Investment app Acorns has added the option for its user to invest up to 5% in BTC via their investment accounts.
According to the announcement, the Galaxy Digital-backed company says that it implemented the feature as their 4.6 million subscribers expressed interest in cryptocurrencies. CEO of Acorns Noah Kerner, however, stressed that it is"not trading" and instead is a way for customers to invest in a volatile asset as part of a long-term diversified portfolio.
“We believe in opening access to invest the right way, responsibly for the long term," said Acorns chief investment officer Seth Wunder."Adding a small allocation of bitcoin exposure to a diversified portfolio is the perfect way to introduce everyday Americans to the asset class.”
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