Gate News message, April 28 — Porvenir, Colombia’s largest pension fund manager, has launched a Bitcoin investment product offering indirect exposure to BTC through BlackRock’s spot Bitcoin ETF (IBIT). The “Crypto Porvenir Portfolio” is designed for voluntary retirement accounts, with a minimum investment of approximately 100,000 Colombian pesos (about $25), making Bitcoin investment accessible to a broader range of investors.
The product tracks Bitcoin price through the iShares Bitcoin Trust (IBIT), which manages over $50 billion in assets. By investing through the structured ETF rather than purchasing Bitcoin directly, investors avoid risks associated with managing digital wallets, such as cyberattacks or password loss.
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Colombia’s retirement fund Porvenir launches a Bitcoin portfolio with a minimum entry threshold of $25