I think it's not a bad idea, but there are better ideas! Crypto is all about being decentralized and then we go ahead and hand over the keys to an investment company?! If we must do so to get BTC, Ripple, ETH, Altcoin using tax-free accounts, so be it...but there's an alternative using checkbook control checkbook IRAs. Using a checkbook IRA created with https://www.401kcheckbook.com I was able to set up accounts at itBit and GDAX. The downside is that the process overall involves a few more steps then using a specialized Bitcoin IRA company....just my 2 cents...or shall I say 2 Satoshis. :)
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