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VanEck has partnered with Basic Capital to include some digital asset ETFs in its corporate 401(k) retirement plan platform.
Mars Finance News: On March 12, asset management firm VanEck partnered with fintech company Basic Capital to include some digital asset ETFs in its corporate 401(k) retirement plan platform, allowing American retirement savers to indirectly invest in cryptocurrencies through exchange-traded funds. VanEck’s products include the spot Bitcoin ETF VanEck Bitcoin Trust (HODL) and the Ethereum ETF VanEck Ethereum Trust (ETHV). Previously, the U.S. Department of Labor withdrew restrictive guidelines on offering crypto investments in 401(k) plans. (Cointelegraph)