Cut up bananas and beets into small pieces before freezing them (unless purchasing frozen beet pieces). Refrigerate the can of coconut milk. 

Combine all ingredients into a high-speed blender or food processor. Blend until a creamy consistency is achieved. You may need to stop the blender as needed to loosen ingredients. 

Enjoy immediately as a soft-serve consistency or keep in the freezer and enjoy later. 

For a healthier alternative to the Magic Shell® coating, soak the coconut butter jar in a bowl of warm water to melt, then drizzle melted coconut butter on top and sprinkle with walnuts.