VanEck To Launch Bitcoin ETF Exposure For French Pension Plans

Summary

VanEck and Inter Invest have launched the first Bitcoin exposure offering in French retirement savings plans through the VBTC Bitcoin ETF. The ETF aims to provide regulated access to digital assets for French Pension Savings Plan investors. VanEck's CEO emphasized BTC as a long-term asset, while Inter Invest's Deputy CEO highlighted the aim to meet market demand for diversification into digital assets. Despite skepticism, US Bitcoin ETFs have seen continued success, with recent data showing substantial net inflows and crossing the $16 billion milestone.

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