Bits of Bitcoin is how we do Bitcoin
We allocate percentages of your investments towards a Bitcoin-linked ETF, further diversifying your long-term portfolio. WHY?! The Acorns investing philosophy is rooted in the time-tested principles of compounding, long-term investing, and diversification.
To keep growing, we look for new ways to lean into these principles. Exposure to Bitcoin can help further diversify your Acorns portfolio for the long-term.
Diversification, simply, is not putting all of your eggs in one basket. Say you invest all of your savings in the hot stock of the moment. If that stock bottoms out, there go your savings and your earning potential. Instead, if you diversify across different investments, and one drops, the others can help you stay on track toward your long-term money goals.
Another form of diversification is investing in assets with low correlation.
Assets with low correlation tend to move in different directions, so for instance when stocks are up, Bitcoin or a Bitcoin-linked ETF tend to be down. This further diversifies your portfolio, and can help you weather market bumps over time. Our mission is to look after the financial best interests of the up-and-coming, beginning with the empowering, proud step of micro investing.
However, Is this right for our customers’ long-term financial wellness? We had to decide whether offering customers the option to add Bitcoin exposure to their portfolios could support our mission, and their long-term financial health. And if it could, How would it work? We believe we’ve found a way, and we call it BITS OF BITCOIN
ProShares Bitcoin Strategy (BITO) invests in Bitcoin futures, not directly in Bitcoin. Similar to stock market futures, Bitcoin futures give you exposure to Bitcoin by investing in their potential value, without requiring that you own the cryptocurrency itself. Customers can invest up to 5% of their Acorns Invest portfolio in a Bitcoin-linked ETF. That percentage is determined by their investment profile, which includes details like age, income, and money goals.
DWAYNE JOHNSON X ACORNS
Introducing the limited edition Mighty Oak debit card.
Introducing a new way of investing and spending that saves and invests for you.6 Plus, earn more with two of the highest APYs available — 3.00% APY on Checking, 5.00% APY on Emergency Fund.
