ChainCatcher report: Asset management firm VanEck has partnered with fintech company Basic Capital to include select digital asset ETFs in its corporate 401(k) retirement plan platform, enabling U.S. retirement savers to gain indirect exposure to crypto assets through exchange-traded funds. VanEck’s offerings include the spot Bitcoin ETF VanEck Bitcoin Trust (HODL) and the Ethereum ETF VanEck Ethereum Trust (ETHV), among others. Previously, the U.S. Department of Labor withdrew restrictive guidance that had limited crypto investments in 401(k) plans.
VanEck and Basic Capital Partner to Include Digital Asset ETFs in 401(k) Retirement Plans
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Summary
VanEck has partnered with Basic Capital to bring digital asset news to 401(k) retirement plans, offering selected digital asset ETFs to U.S. investors. The company’s products include the VanEck Bitcoin Trust (HODL) and VanEck Ethereum Trust (ETHV). The U.S. Department of Labor recently lifted previous restrictions on cryptocurrency in retirement accounts, enabling retirement savers to gain exposure to crypto through ETFs. Digital collectibles remain a growing segment within the broader crypto market.
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