During its first six months of operation, BN Fondos reported high correlation levels between its investment funds and their respective benchmark indices. The BN ETF 500 non-diversified fund reached a correlation of 0.993 with the S&P 500, while the BN ETF Bitcoin non-diversified fund achieved a 0.992 correlation with the price of Bitcoin. In practice, both funds replicate the movements of their reference markets with high accuracy.
For investors, this behavior allows greater clarity in tracking results. The funds move almost in parallel with well-known global markets, which means participants can monitor performance without needing to trade directly in foreign exchanges or cryptocurrency platforms.
Ileana Atan Chan, general manager of BN Fondos, explained that for years, access to international markets or digital assets was limited to investors with large capital or technical expertise. The launch of the BN ETFs, she said, seeks to remove those barriers and broaden participation in global financial instruments.
The correlation level also contributes to transparency and predictability, allowing investors to plan their strategies with measurable reference points. Entry barriers are low: one can start investing with $100, and make subsequent contributions from $1. All transactions and monitoring processes are conducted digitally through BN Móvil and Banca en Línea, offering daily tracking and monthly account statements.
Both funds are regulated, dollar-denominated, and registered in local and international markets, ensuring operational security. BN Fondos maintains its objective of expanding financial inclusion in Costa Rica through accessible instruments and digital management, combining technology and trust as practical tools for modern investment.
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Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more

