6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder (2024)

In recent years, Robo-advisors have become quite popular among investors due to their low-cost management fees and their user-friendly platforms. Many companies have entered the market and are offering several automatically managed portfolios tailored to the investment profile of each investor.

Another common investing trend is “Cryptocurrencies”. You certainly followed the crypto boom in 2021, when it reached extremely high levels before declining sharply in the first half of 2022.

So, you might be wondering if there is any fintech out there that combines the features of Robo-advisors while giving you exposure to the crypto market. In other words, “Do Crypto Robo-advisors exist?” We’ve done this research for you, and yes, there are many Crypto Robo-Advisors that you might want to consider!

  • Wealthfront: A US Robo-advisor that offers the possibility to invest 10% in crypto
  • eToro: Best social investing platform. Copy crypto investors automatically or invest in a crypto portfolio through Smart Portfolios.
  • Makara: A 100%-crypto Robo-advisor owned by Betterment
  • Sarwa: A Robo-advisor offering the possibility to get an indirect 5% exposure to crypto
  • M1 Finance: A US Robo-advisor providing access to crypto and blockchain ETFs
  • Shrimpy Advisory: A newly launched cryptocurrency robo-advisor that allows both beginners and experts to invest in various sectors of crypto

Continue reading this article to learn more.

Looking for a crypto financial advisor instead? Check our article about crypto financial advisors.

What is a Crypto Robo-advisor?

In a nutshell, Robo-advisors use automated tools and algorithms to help you invest your money. They recommend a particular investment portfolio based on your answers to a series of questions regarding your financial situation, investment goals, and risk perception. The recommended portfolio might include several asset classes and is managed automatically with no or minimal human intervention. The goal of a regular robo-advisor is to help people invest in the stock market with little effort and at low barriers to entry.

Similarly, a crypto Robo-advisor is an online service that allows anyone to invest in cryptocurrencies without having to know almost anything about the crypto market. Basically, users just have to put in the money and answer a series of questions, and the app will automatically create a crypto portfolio for the user based on his/her profile. No need to know anything about crypto wallets, exchanges, which cryptos to invest in, etc. It also helps users by periodically rebalancing and managing their crypto portfolio. Additionally, some crypto robo-advisors even lend the users’ cryptos to help them earn additional interest.

Best Crypto Robo-Advisors

As mentioned earlier, many Robo-advisors have started offering automated crypto portfolios or added some crypto exposure to their traditional automated portfolios. Others went even further by creating a 100%-crypto robo-advisor. In the following section, we mention some of those Robo-advisors, whether they fully or partly invest their portfolios in cryptocurrencies.

#1 Makara by Betterment

6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder (1)

Makara is a crypto Robo-advisor, owned by Betterment, providing its users an opportunity to invest in a basket of digital assets. Makara uses algorithms to develop and manage crypto investment portfolios that are aligned with investors’ goals. It offers a large set of crypto portfolios called baskets:

  • Bitcoin Basket: A single-asset basket giving investors direct access to Bitcoin.
  • Ethereum Basket: A Single asset basket for investors who want access to Ethereum.
  • Blue Chip Basket: An equal-weighted allocation to a basket of the largest cryptocurrencies like Dogecoin, Shiba Inu, Litecoin, and others.
  • Decentralized Finance (DeFi) Basket: Equal-weight allocations of cryptocurrencies with young and evolving projects. It is a more speculative basket.
  • Inflation Hedge Basket: Equal-weight allocations between tokenized gold (a cryptocurrency representing physical gold reserves) and Bitcoin.
  • Universe: A risk-weighted basket that includes the entire investable universe of Makara.
  • Metaverse Basket: An equally-weighted basket providing exposure to projects that are using crypto to build the Metaverse ecosystem.
  • Web 3.0 Basket: An equally-weighted basket providing exposure to protocols working on file storage, web browsing, video streaming and more.

Makara charges a relatively high annual advisory fee of 1.0% on assets under management in multi-asset and actively managed baskets. However, single asset baskets such as Bitcoin and Ethereum baskets are not subject to any annual advisory fee.

#2 eToro (Social Investing Platform)

6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder (2)

eToro is a multi-asset brokerage and social trading platform that was created in 2007. It has grown in prominence as a leading online platform for social investing and trading in a wide range of financial assets such as equities, cryptocurrencies, commodities, FX, and others.

While eToro provides some social trading and portfolio management capabilities that are comparable to robo-advisors, it is important to remember that eToro's core functionality is centered on social trading, and its platform may not fully mimic the services provided by dedicated robo-advisory firms.

In crypto, the company offers robo-advice services through its “Smart Portfolios” which are designed to help investors in creating diversified crypto portfolios.

#3 Wealthfront

6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder (3)

Wealthfront is a US-based Robo-advisor offering several investment portfolios based on your risk profile and financial goals. In addition to the traditional automated portfolios, Wealthfront provides an option to get exposure to cryptocurrencies. It gives users access to the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE). Those products work similarly to ETFs and give you exposure to the price movement of Bitcoin and Ethereum, respectively. You can make a maximum allocation to cryptocurrency of 10% of your total portfolio value.

You can only open an account at Wealthfront if you are a US resident, and the minimum balance to start investing is $500.

#4 Sarwa

6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder (4)

Sarwa is a Robo-advisor available for international clients except for US citizens or those having single passports from Iran, North Korea, Northern Cyprus, and Yemen. It offers a wide range of automatically managed portfolios. If you choose to add crypto exposure to your portfolio, Sarwa will invest 5% of your portfolio in Greyscale Bitcoin Trust (GBTC), where you will get exposure to the price movement of Bitcoin.

You can open an account starting at $5, but to get access to the crypto portfolio, your balance needs to be greater than $2,500, and the fees range between 0.50% and 0.85% annually. You can check out our full Sarwa review.

#5 M1 Finance

6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder (5)

M1 Finance is a famous fintech company known for its automated, commission-free investing portfolios. Although it does not offer direct access to cryptocurrencies, M1 Finance gives you access to crypto and blockchain ETFs, which include Amplify Transformational Data Sharing ETF (BLOK) and Siren Nasdaq NexGen Economy ETF (BLCN).

M1 Finance is a free Robo-advisor, but it is only available in the US.

#6 Shrimpy Advisory

6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder (6)

Shrimpy Advisory is a newly launched cryptocurrency robo-advisor that allows both beginners and experts to invest in various sectors of crypto. As a registered robo-advisor with the SEC, Shrimpy Advisory offers people an opportunity to get started in crypto without previous knowledge of the industry.

Shrimpy Advisory offers various crypto baskets with preset allocations of assets, ranging from blue chip coins like Bitcoin and Ethereum to some of the newer and more unique projects in the Metaverse, DeFi, Layer 1, and more.

Simply set up your account, answer a few questions about your risk tolerance and investment timeline, and deposit funds and Shrimpy Advisory does all the rest. They constantly monitor the crypto industry and update baskets and allocations as needed to match market shifts and trends. No need to monitor your investments day-to-day, as Shrimpy does all of the buying, selling, and research so you can relax and enjoy the things that matter most to you.

Conclusion

Crypto Robo-advisors are still new, but the growing popularity of cryptocurrencies is currently pushing many Robo-advisors to offer crypto portfolios or include crypto-related ETFs in their portfolio offerings. When searching for a suitable crypto Robo-advisor, examine whether they support the cryptocurrency you wish to get exposure to or invest in. Investigate whether they invest directly in the coins or provide you an indirect exposure through crypto-related ETFs and funds. We also recommend checking the fees charged and the minimum balance requirements.

Finally, we hope you’ve found our breakdown of the best crypto Robo-advisors useful. Keep in mind that investing in cryptocurrency involves substantial risk, and some cryptocurrencies are highly volatile, so make sure to diversify your investments and be aware of your ability to take risks. If you have any questions, feel free to leave a comment below.

A reminder that the above should not be construed as investment advice and should be considered information only. Investors should do their own research and due diligence about the services and opportunities best suited for their risk, returns, and impact strategy.

Happy investments!

6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder (2024)

FAQs

6 Best Crypto Robo-Advisors in 2024 | Robo-Advisor Finder? ›

1. Dogeverse – A Multi-Chain Doge Token Expected to Boom in 2024. Dogeverse ($DOGEVERSE) is a multi-chain doge-based token. With the ability to “hop” between different networks, eager investors can purchase $DOGEVERSE on six major blockchains, from Ethereum, BNB Chain, and Polygon to Solana, Avalanche, and Base.

Who is the most trusted crypto expert? ›

Best crypto experts to follow on Twitter
  • Vitalik Buterin. The creator of Ethereum, the greatest crypto author and prodigy. ...
  • Michael Saylor. ...
  • Changpeng Zhao. ...
  • Anthony Pompliano. ...
  • Arthur Hayes.

Which is the best robo-advisor? ›

Best Robo-Advisors of April 2024
  • Betterment. Best Robo-Advisor for Everyday Investors.
  • SoFi Automated Investing. Best Robo-Advisor for Low Fees.
  • Vanguard Digital Advisor. Best Robo-Advisor for Beginners.
  • Vanguard Personal Advisor Services. Best Robo-Advisor for High Balances.
  • Wealthfront.
Apr 16, 2024

Who is the best advisor for cryptocurrency? ›

Top Crypto Financial Advisors to Manage Your Investments (2024)
  • DAIM: Best for US investors. ...
  • Cryptosimple: Best for European investors. ...
  • Shrimpy Advisory: Crypto robo-advisor for US investors.
Feb 29, 2024

Which crypto will boom in 2024? ›

1. Dogeverse – A Multi-Chain Doge Token Expected to Boom in 2024. Dogeverse ($DOGEVERSE) is a multi-chain doge-based token. With the ability to “hop” between different networks, eager investors can purchase $DOGEVERSE on six major blockchains, from Ethereum, BNB Chain, and Polygon to Solana, Avalanche, and Base.

Who is the king of crypto trading? ›

Why is Sam Bankman Fried called the 'Crypto King'? Bankman-Fried earned the name'Crypto King' due to his remarkable success with FTX. The exchange became the world's second-largest, facilitating the trade of numerous virtual currencies, including Bitcoin.

Who is the richest crypto day trader? ›

The first position in our list of the richest crypto investors goes to Changpeng Zhao. Commonly known as CZ, Changpeng Zhao is a Chinese-Canadian entrepreneur and the founder and CEO of Binance, the world's largest cryptocurrency exchange in terms of trading volume.

Do any robo-advisors beat the market? ›

They do not, however, generally function as stock brokers, instead choosing a basket of funds for you based on your goals. Don't expect a robo-advisor to beat the market since its goal is to maintain a balance with the market.

Do millionaires use robo-advisors? ›

High-net-worth investors exited robo-advisor arrangements at the highest rates. Here's how the data broke down along asset levels: $50,000 or less: A drop from 23.6% to 20.6% in 2022, which translates to a decrease of 3 percentage points.

What is the biggest downfall of robo-advisors? ›

The problem is that most robo-advisors do not offer comprehensive exposure to these assets. This means that investors must either open separate accounts elsewhere in order to gain exposure to these asset classes, or else capitulate to accepting a portfolio consisting only of stocks and bonds.

Where not to go for crypto advice? ›

Advice to Avoid
  • Family and friends who are not directly active as crypto advisors or experts may have limited advice to offer.
  • Online communities like Quora and Reddit are forums for discussion and sharing experiences but should not be considered a valued source for personal financial advice.
Jan 18, 2024

How do I find a crypto advisor? ›

Just like you might ask around for recommendations for other things in your life, finding the right financial advisor is no different. Talk to other investors in your circle who invest in crypto and see if they have any recommendations. Ask them about their experiences with the people they've worked with.

What is the most popular cryptocurrency broker? ›

According to our research, eToro is the best online brokerage platform for trading cryptocurrencies in 2024 due to its industry-leading selection of tradable coins, easy to use platform, popular social trading capabilities, and more.

Which cryptocurrency will reach $10,000? ›

Prediction: Ethereum Will Reach $10,000 in 2030 | Nasdaq.

Which crypto can make you rich in 2025? ›

7 Cryptos With Explosive 5X Potential by 2025
  • Ethereum (ETH-USD): Even with its relatively high price ETH has 5x upside.
  • XRP (XRP-USD): XRP is free legally and remains the top cross-border transaction token.
  • Cardano (ADA-USD): Strong fundamentals and low price are the prime factors for Cardano.
Mar 7, 2024

Which crypto gives highest return in 2025? ›

Let's delve into the top contenders that could potentially 5X by 2025.
  • Ethereum (ETH-USD): Ethereum, often dubbed the "king of smart contracts," is poised for significant growth. ...
  • XRP (XRP-USD): ...
  • Cardano (ADA-USD): ...
  • Dogecoin (DOGE-USD): ...
  • Toncoin (TON-USD): ...
  • Shiba Inu (SHIB-USD): ...
  • TRON (TRX): ...
  • Cronos (CRO):
Apr 7, 2024

Is crypto expert legit? ›

Crypto Experts Traders is not a trusted broker because it is not regulated by a financial authority with strict standards. We recommend you open an account only with brokers that are overseen by a top-tier and stringent regulator. All the 100+ brokers reviewed on the BrokerChooser website meet this criteria.

How do I find a crypto expert? ›

At Codementor, you'll find top Cryptocurrency experts, developers, consultants, and tutors. Get your project built, code reviewed, or problems solved by vetted Cryptocurrency freelancers. Learn from expert mentors with team training & coaching experiences.

What are crypto experts called? ›

Certified Cryptocurrency Expert™ (CCE) Certified Cryptocurrency Trader™ (CCT) Certified Cryptocurrency Auditor™ (CCA)

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