French Pension Plans to Get VanEck Bitcoin ETF Exposure


VanEck and Inter Invest launched the first Bitcoin-exposed French retirement savings plan.

VanEck's VBTC Bitcoin ETF, just established on Australia's top exchange, supports the proposal. The $407 million VBTC ETF offers French Pension Savings Plan (PER) clients digital assets for their retirement portfolio.


Retirement Plan Bitcoin ETF Integration
VBTC is completely collateralized and follows the MarketVector Bitcoin VWAP Close Index, which measures a BTC-invested digital asset portfolio.

The VBTC ETF, which has a 1% expense ratio, gives investors regulated exposure to the largest cryptocurrency, similar to the US ETF market, which launched in January after SEC approval.

VanEck Europe CEO Martijn Rozemuller said BTC is an innovative long-term asset. He highlighted that the cryptocurrency's price fluctuation over the previous month is typical of emerging assets' value-seeking period.

After failing to retest its all-time high of $73,500 during May and June, Bitcoin fell 25% to $53,500 in early July.

However, Inter Invest Deputy CEO Jean-Baptiste de Pascal stressed the “democratization” of new financial assets.

De Pascal said the business wants to fulfill the increased need for retirement savings with digital asset diversification by including crypto assets.


French pension plans now offer Bitcoin ETFs after the London Stock Exchange approved the first crypto ETF listings in Q2, giving professional investors access to this asset class.

The European Central Bank (ECB) called the SEC's approval of spot Bitcoin ETFs “the naked emperor's new clothes.” It remains skeptical about digital assets.

Recent data reveals that the newly permitted sector is nonetheless successful despite large withdrawals. US Bitcoin ETFs saw a $301 net inflow on Monday, the seventh straight day.

In particular, BlackRock's IBIT and Ark Invest ETFs and 21Shares' ARKB ETF experienced $117 million net inflows. Bitcoin ETFs have reached $16 billion year-to-date, according to Bloomberg analyst Eric Balchunas.

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