New Zealand sees its first retail-oriented Bitcoin investment fund launched

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.

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