The number of investment options within individual retirement accounts (IRAs) is growing steadily, especially as demand for spot bitcoin exchange-traded funds is on the rise and Wall Street is diving deeper into the world of crypto. More and more people are getting access to digital assets, which is an exciting development in the financial world!
IRAs not only offer tax benefits, but also a range of investment options, including stocks, real estate, commodities, and increasingly cryptocurrencies. Traditionally, however, the most common strategy in the crypto space remains “buy and hold.” But is that the best approach?
For long-term assets like the S&P 500, which are used to steady growth, this strategy can work well. Bitcoin, on the other hand, remains a volatile currency, and other cryptocurrencies are even more volatile. This is where BlockTrust IRA comes in.
BlockTrust has a clear mission: manage customers' crypto positions to profit from them volatility and maximize returns. “We are the only company that combines an AI tool with traders that automatically put people in cash when needed, and then wait for the right signal to step back in,” said Jonathan Rose, CEO of BlockTrust.
“Where others fear volatility and risk, we embrace it. That’s how we help our clients grow,” Rose added. “We’re right far more often than we’re wrong, and that’s what allows us to outperform the benchmark.”
What’s BlockTrust’s secret? It’s Animus Technologies, a fund that provides smart asset management solutions in the crypto space. Animus has servers all over the world and analyzes vast amounts of data. Even a European government agency has inquired about what exactly it measures, Rose says.
Traditionally, they only share their signals with ultra-wealthy individuals and fund clients, but now retail investors can also benefit from these advanced trading mechanisms through their BlockTrust accounts.
The innovative strategies are currently available for bitcoin and ether, but BlockTrust offers access to a whopping 60 different cryptocurrencies. Clients can invest as little as $1.000 in unmanaged accounts or $25.000 in managed accounts, with trading fees starting at 0,4% and going as low as 0,14%.
BlockTrust IRA officially launched in February. Just weeks later, the company had already amassed $10 million in assets under management. Rose expects that to grow to as much as $100 million by the end of the year!
Early successes are not only due to its accessibility to US residents, but also to international clients, as long as they pass Know-Your-Customer (KYC) checks. For Americans, however, there is an added benefit: they can use their tax-deferred retirement savings to invest.
Markets in the crypto space are constantly changing. Trading strategies that were once successful can suddenly become obsolete due to economic shifts or internal changes. However, Rose remains optimistic about the future of Animus.
“When the people at Animus Technologies go to hedge fund conferences and speak, they always come back with a big smile on their face because they know they are miles ahead of anyone else offering anything like that. It will be four to six years before anyone else even comes close to what we do,” he adds.
So, imagine: what if you were not just a passive investor, but could also actively profit from the volatility in the crypto markets? “Sometimes you just have to take the plunge!”
What makes BlockTrust IRA unique?
BlockTrust IRA combines AI technology and active traders to take full advantage of the volatility in the crypto markets.
Which cryptocurrencies are available to investors at BlockTrust?
Investors currently have access to 60 different cryptocurrencies, with a focus on Bitcoin and Ether for the advanced strategies.
How much do I need to invest to get started with BlockTrust?
You can start investing from as little as $1.000 for unmanaged accounts, or $25.000 for managed accounts.