VanEck announces that some of its cryptocurrency ETFs are officially integrated into Basic Capital's 401(k) plan

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Deep Tide TechFlow News, March 12 — According to Cointelegraph, asset management firm VanEck announced that some of its digital asset exchange-traded products (ETPs) will be made available to U.S. 401(k) retirement account holders through the fintech platform Basic Capital, marking the official entry of crypto assets into the traditional employer pension plan system.

VanEck’s main crypto products include the Bitcoin spot ETF VanEck Bitcoin Trust (HODL), the Ethereum spot ETF VanEck Ethereum Trust (ETHV), and the VanEck Digital Transformation ETF (DAPP), which invests in companies related to the digital asset ecosystem. Additionally, VanEck launched an Avalanche spot ETF earlier this year in the U.S. The specific list of listed products has not been disclosed.

Founded in 2021, Basic Capital completed a $25 million Series A funding round last year led by Forerunner and Lux Capital. Its 401(k) platform supports alternative asset allocations beyond traditional stocks and bonds.

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