Block, Inc.’s Cash App is rolling out Auto Invest, a feature that allows users to schedule recurring Bitcoin purchases at zero fees and zero spread. Daily, weekly, or monthly, starting at as little as $1. The purchases can automatically route to a Bitkey hardware wallet, meaning users can dollar-cost average into Bitcoin and move it to self-custody without lifting a finger after the initial setup.
What Auto Invest actually does
The zero-fee structure is the headline here. Most platforms still charge either a flat fee, a percentage spread, or both on recurring purchases. Eliminating that cost changes the math meaningfully for small buyers, where a 1.5% fee on a $10 weekly purchase eats more than $7 annually before any price movement is considered.
Withdrawals to external wallets, including Bitkey, also carry no Cash App fees and complete within 24 hours. The minimum withdrawal sits at 100,000 satoshis, and eligible accounts can move up to $10,000 daily and $25,000 weekly.
Cash App also confirmed it maintains Bitcoin holdings at a 1:1 reserve ratio and does not lend out user assets.
