Wealth Front Becomes First Automated Investment Company To Offer Access To Bitcoin Price

Robo-consultant company Wealthfront has announced that customers can now get information about bitcoin prices by using bitcoin trust shares in grayscale.
On Saturday, Robo-consultant company Wealtfront announced on its website that customers can now receive information about bitcoin prices with their wallets. The company is the first automated investment service to offer its customers access to the price of bitcoin.

Wealthfront customers can now recognize the price of bitcoin by buying “mutual funds” from the Grayscale Bitcoin Trust. Trusts are added to customer portfolios like other ETFs Wealthfront offers.
Wealthfront’s offerings will open bitcoin access to almost half a million customers. The company now has more than $ 25 billion in assets under management.
Although the company does not offer direct access to bitcoin, investors can assign up to 10% of their portfolios to the Grayscale bitcoin Trust, a company that keeps one hundred percent of bitcoin in cold storage.
Wealthfront is just one of many U.S. companies seeking information about Grayscale bitcoin prices. Ark Invest, for example, bought more than $ 10 million worth of grayscale stock last month.

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