VanEck's Crypto ETPs Now Integrated into 401(k) Plans in the U.S.

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VanEck’s crypto ETPs are now available in U.S. 401(k) plans through Basic Capital, a fintech 401(k) provider. The ETPs include HODL (BTC), ETHV (ETH), and an Avalanche product. The integration follows regulatory changes permitting alternative assets in retirement accounts. Basic Capital raised $25 million in Series A funding last year. U.S. 401(k) plans hold approximately $10 trillion. This move comes amid global regulatory developments such as MiCA and CFT compliance initiatives.

Odaily Planet Daily reports that asset management giant VanEck has partnered with fintech 401(k) provider Basic Capital to introduce its selected crypto asset exchange-traded products (ETPs) into employer-sponsored retirement plans in the United States. Although the specific products to be listed were not disclosed, VanEck’s core offerings include the Bitcoin spot ETF (HODL), the Ethereum spot ETF (ETHV), and the Avalanche spot ETF.

This partnership is made possible by a shift in U.S. policy. The SEC and related U.S. agencies have recently expanded access to alternative assets in 401(k) plans. Basic Capital, an emerging retirement management platform, raised $25 million in Series A funding last year led by Forerunner and Lux Capital. With approximately $10 trillion in assets held in U.S. 401(k) plans, this move signals that crypto assets are accelerating their integration into mainstream traditional pension systems. (Cointelegraph)

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