Share this article
BTC
$110,964.87
+
1.67%ETH
$2,637.64
+
1.99%USDT
$1.0000
+
0.02%XRP
$2.4159
+
0.61%BNB
$682.81
+
1.80%SOL
$178.28
+
1.85%USDC
$0.9997
+
0.02%DOGE
$0.2416
+
2.92%ADA
$0.7945
+
3.65%TRX
$0.2724
-
0.82%SUI
$4.1617
+
1.64%LINK
$16.46
+
1.79%AVAX
$24.25
+
3.28%XLM
$0.2987
+
2.71%HYPE
$31.50
+
2.52%SHIB
$0.0₄1532
+
2.26%HBAR
$0.2025
+
1.29%LEO
$8.8435
+
0.92%BCH
$418.41
+
2.85%TON
$3.1795
+
0.18%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Robo-Adviser Wealthfront Offers Grayscale Investments in Bitcoin, Ethereum
The Palo Alto, Calif.-based firm has expanded its roster of investment vehicles to include the Grayscale Bitcoin Trust and Grayscale Ethereum Trust.
Clients of Wealthfront, an automated investment service, can now gain exposure to crypto through the addition of two cryptocurrency trusts to the robo-adviser's investment offerings.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The Palo Alto, Calif.-based firm has expanded its roster of investment vehicles to include the Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE).
- The move marks the first by a major robo-adviser in the U.S. to offer clients crypto exposure, an announcement by Wealthfront Friday claimed.
- Clients will be able to allocate up to 10% of their total portfolio to the two trusts, with crypto's volatility cited as the reason for the restriction.
- Wealthfront is among the largest robo-advisory platforms in the world with $25 billion in assets under management.
- Grayscale Investments is a subsidiary of CoinDesk's parent company Digital Currency Group.
Read more: SEC-Registered Crypto Robo-Advisor Makara Launches
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
