Bitcoin investing expands in Costa Rica with new BN Fondos ETF

BN Fondos launched the first investment funds focused on Bitcoin and S&P 500 in Central America, positioning itself as a pioneer in the region’s financial sector.

BN ETF 500 and BN ETF Bitcoin Offer investors an opportunity to diversify their portfolios with an exhibition at global markets through Fund negotiated in exchange.

“These funds have not only an attractive investment opportunity, but also represent a crucial step towards digitization,” said Pablo Montes de Oca, Managing Director of BN Fondos. “Our commitment is to offer innovative products that benefit our customers and encourage new generations to invest,” according to Delfino.

Bitcoin and S&P 500 exhibition

The BN ETF 500 is designed for long-term investors who are looking for exposure to the S&P 500, an index following the 500 largest companies listed on the United States

It allows Costa Rican investors to access a large market portfolio without needing to manage individual actions. The fund also does not offer any exit costs, allowing flexible management of investments.

The BN ETF Bitcoin offers an exposure to Bitcoin (BTC) Thanks to ETFs, allowing investors to participate in the cryptography market without directly holding digital assets.

To manage liquidity, the Fund can also invest in the United States and to the Costaist government titles called in US dollars.

By launching these funds, BN Fondos aims to fill the gap between traditional finance and digital assets, which makes innovative investment products more accessible. Costa Rica is currently ranking 92nd out of 155 countries in the global adoption of cryptography, according to the 2023 analysis chain index.