Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
- Bitcoin has been integrated into French pension savings plans (PER)
- This is thanks to a partnership between VanEck Europe and Inter Invest, which introduces Bitcoin ETN into PERs
- VanEck Europe Bitcoin ETN has ~387M USD in assets, providing reliable and stable support
- Investors can now diversify risk by combining financial innovation and security
While market volatility remains and smaller players are scrambling to strategize, including in the event of a Bitcoin collapse, the big players are not just actively buying Bitcoin but are deploying it in critical areas.
Another such move was the first time Bitcoin became an asset for Retirement Savings Plans (PER) in France. Now, people can diversify their investments and balance more traditional and innovative strategies.
VanEck Europe and Inter Invest have partnered to introduce the Bitcoin ETN as an additional asset for Retirement Savings Plans (PER).
What Does This Mean?
It is a good sign that Bitcoin is making inroads into such seemingly conservative industries and will be embraced by users unwilling to risk their savings.
Also, this partnership may inspire confidence, as VanEck Europe has ~387M USD at its disposal, allowing depositors to take advantage of this opportunity more confidently.
This could further Bitcoin’s adoption in important industries, making it a more integral part of our financial system and consistently transforming it.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.