Bitcoin Now in French Pension Plans!
VanEyck has partnered with Interinvest to introduce bitcoin to French pension savings plans through an innovative exchange-traded fund (ETN). This new partnership is the first time French pension investors can have exposure to digital assets in a regulated and secure manner. The product, the $407 million VanEck Bitcoin ETN (VBTC), offers a new way to incorporate Bitcoin into retirement portfolios, providing transparency, security and diversification.
A new era for French pension savings
French investors have long been looking for safe and regulated ways to invest in cryptocurrencies. The introduction of VBTC into retirement plans is a big step toward mainstream adoption, providing a compliant way to incorporate bitcoin into long-term financial planning. This move marks a significant change in the French retirement savings landscape, combining traditional financial security with the benefits of innovative digital assets.
Strong and transparent investment
VBTC is fully supported and mirrors the Market Vector Bitcoin Vwap Close Index, ensuring transparency and security. With a total expense ratio of 1%, it appeals to long-term investors looking for diversified options. Martijn Rosemüller, CEO of Van Eyck Europe, emphasized Bitcoin's potential as a long-term asset despite its volatility, which he sees as typical of emerging assets. “We believe Bitcoin is an innovative long-term asset. The current volatility reflects the level of demand for value. Our ETN allows investors to access this volatility in a controlled and easy-to-use product,” said Rosemuller.
Meeting market demand for innovation
Jean-Baptiste de Pascale, Deputy CEO of InterInvest, expressed his excitement about the partnership's role in financial innovation. “This partnership initiative is in line with our strategy to democratize financial assets. Our retirement plan will meet market demand by combining retirement planning and diversification of digital assets, including crypto. This initiative will address the growing demand from investors for modern and diverse savings options,” he said.
Regulatory support and doubt
The introduction of Bitcoin ETNs by French pension plans follows the listing of the first crypto ETN approved for professional investors by the Financial Conduct Authority (FCA) on the London Stock Exchange. However, digital assets still face doubts, the European Central Bank (ECB) doubts the legitimacy and stability of these products. Despite this, VanEck's continued involvement in the crypto space demonstrates his commitment to innovation and responding to market demand.
Connecting traditional finance and digital assets
This partnership responds to the growing demand for financial products that combine traditional retirement planning with the benefits of digital assets. As cryptocurrencies continue to gain popularity, such collaborations help bridge traditional finance and digital markets. By offering a regulated and transparent way to invest in Bitcoin through retirement plans, VanEeq and InterInvest are setting the example for similar projects globally.
VanEck's next innovation
In April, VanEck made it possible to stock up on the $150 million VanEck Ethereum ETN (VETH), providing more options for crypto investment. This move supports their strategy to offer a variety of investment products in the growing cryptocurrency market. The inclusion of VBTC in French pension plans underlines VanEck's commitment to expanding access to innovative financial products.
Summary
VanEyck and Interinvest have teamed up to bring bitcoin to French pension plans. This is a major milestone in the integration of digital assets into mainstream finance. This initiative offers French investors a new way to maximize their retirement savings. It also sets a benchmark for other countries and financial institutions to follow. As demand for innovative financial products grows, partnerships like these will shape the investment landscape of the future.
