InterInvest, a group specializing in the management and distribution of investment solutions, has just introduced a major innovation on the French market by allowing its clients to invest in Bitcoin via their retirement savings plan (PER). Other cryptocurrencies are also concerned.
Bitcoin arrives in the retirement savings of the French
InterInvest, a group specializing in the distribution and management of investment solutions, announced that its customers could now afford Bitcoin as part of their retirement savings plan.
Let us point out that this is a first in France, Bitcoin having not previously been integrated into any retirement savings plan.. According to the press release from Inter Invest, which offers the integration of Bitcoin via its “My PER” product, 3 other cryptocurrencies will also be available to be integrated into this form of savings, namely Solana’s SOL, Binance’s BNB and Ether.
💶 Find out how to buy Bitcoin in a few steps
Regarding these 3 cryptocurrencies, they will not be accessible via VanEck, but via 21Shares. Whatever the cryptocurrency concerned, the latter can be integrated into the InterInvest PER via ETNs or ETPs specific to each cryptocurrency.
This means that InterInvest clients will not benefit from direct exposure to these cryptocurrencies, but to the securities that follow their respective prices.
Cryptocurrencies available in InterInvest PER and their respective ETNs
Buy Bitcoin and Cryptocurrencies ETN with XTB
Regarding VanEck, the company will offer exposure to BTC through its “VanEck Bitcoin ETN.” According to its own website, This ETN is 100% backed by real Bitcoin stored in a cold wallet hosted by Bank Frick & Co. AG.
🗞️ In BTC News – Bitcoin 2024: Donald Trump to Hold Conference in Nashville Later This Month
Jean-Baptiste de Pascal, Deputy Managing Director of the Inter Invest group, explained that this was a way of continuing to make the ” innovative assets » :
Reconciling retirement preparation and diversification in digital assets is now possible. This initiative is part of our global strategy to democratize innovative financial assets.
A statement that echoes that of Martijn Rozemuller, CEO of VanEck Europe, who pointed out that the current volatility of Bitcoin ” reflects a phase of value search, typical of emerging assets, » and that society was convinced that he was ” an innovative long-term asset “.
Buy crypto on eToro
Sources: InterInvest, VanEck
The #1 Crypto Newsletter 🍞
Receive a daily crypto news recap by email 👌
What you need to know about affiliate links. This page may feature investment-related assets, products, or services. Some links in this article may be affiliate links. This means that if you purchase a product or sign up for a site from this article, our partner pays us a commission. This allows us to continue to provide you with original and useful content. There is no impact on you and you can even get a bonus for using our links.
Investing in cryptocurrencies is risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers must do their own research before taking any action and only invest within the limits of their financial capacities. This article does not constitute investment advice.
AMF recommendations. There is no guaranteed high return, a product with a high return potential implies a high risk. This risk-taking must be in line with your project, your investment horizon and your ability to lose part of these savings. Do not invest if you are not prepared to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.
As Editor-in-Chief of Cryptoast, I am committed to making the world of cryptocurrencies and Web3 accessible to all. An expert in identifying the most relevant news, I attach great importance to the quality of the articles produced by Cryptoast. I ensure that our readers benefit from reliable, verified information presented in a clear and pleasant to read manner. My goal is to share quality knowledge to better inform and educate our audience on this constantly evolving universe.
Maximilien Prue
1253 articles
