VanEck has partnered with Basic Capital to include a portion of its digital asset ETF in its corporate 401(k) retirement plan platform

BlockBeats News, March 12, Asset management company VanEck has partnered with fintech firm Basic Capital to include a portion of a digital asset ETF on its corporate 401(k) retirement plan platform, allowing U.S. retirement savers to indirectly invest in crypto assets through an exchange-traded fund. VanEck's product lineup includes 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Previously, the U.S. Department of Labor had withdrawn restrictive guidance on 401(k) plans offering crypto investments. (Cointelegraph)