Vault International Bitcoin Fund became the first in New Zealand to be entirely focused on the primary cryptocurrency.
According to a recent local report, Vault Digital Funds provided New Zealand investors with a new fund called Vault International Bitcoin Fund.
Through it, they would have the opportunity to add the asset class to their portfolio without having to own it directly. Janine Grainger – Co-Founder of Vault Digital Funds – commented:
“We see this as a great way for people to get that exposure without having to do all the more complicated and technical parts of it themselves.”
She noted that the initiative would have a somewhat different focus than most traditional investment funds. It would be appropriate for people with an investment plan of more than ten years.