The Bitcoin ETF PIE Fund provides a simple, smart, trusted way to invest in bitcoin
If you’re interested in investing in bitcoin but have been put off by the complexity of purchasing and storing digital assets yourself, we’ve made it simple for you.
The Bitcoin ETF PIE Fund
A regulated New Zealand PIE Fund that provides investment exposure to bitcoin
The Bitcoin ETF PIE Fund is a simple, smart, and trusted way for Kiwis to invest in digital assets like bitcoin - an easy way to get exposure to this dynamic and exciting new asset. The Fund invests in US and Canadian ETF's which in turn invest in bitcoin. This means investors get exposure to the price movements of bitcoin without the administration and tax hassles associated with investing directly via a crypto exchange.
Simple
The Bitcoin ETF PIE Fund is a managed fund in New Zealand, making it a simple process to invest via our trusted retail partners in New Zealand, without the challenges of buying, storing, and safekeeping digital assets directly.
Smart
Within the Bitcoin ETF PIE Fund investors are taxed using the Fair Dividend Rate method (FDR). For an investor on a 28% PIR rate this means their maximum tax in any given year is 1.4% (being 5% multiplied by 28%). In contrast, when people invest directly in bitcoin, all realised capital gains may be taxable, plus investors will pay tax at their marginal tax rate which may be as high as 39%. Raise Investments Limited is the investment manager for the Fund.
Trusted
The Bitcoin ETF PIE Fund is a managed investment scheme regulated under the Financial Markets Conduct Act 2013. It is a New Zealand managed fund. The Fund invests in underlying funds and ETFs which are listed on global share markets.

How can I invest in the Bitcoin ETF PIE Fund?
Please click on the InvestNow link below which will take you to our trusted retail distribution partner where you can complete investor registration, apply and then purchase units in the Fund and add them to your investment portfolio.
You can also invest in the Fund through your investment adviser. If they can't access the Fund for you please tell them to contact us.
Please note you can't purchase the Bitcoin ETF PIE Fund directly on this website.
Bitcoin ETF PIE Fund (the Fund)
The Bitcoin ETF PIE Fund (the Fund) has been established under the Raise Investment Funds scheme. The Fund is a New Zealand-based Portfolio Investment Entity (PIE) Fund that provides investors with exposure to offshore listed bitcoin managed funds and ETFs, taxed under the FDR methodology.
FundRock NZ Limited (FundRock NZ) is the issuer and manager of the fund. FundRock is licensed as a "manager of a registered scheme" under the Financial Markets Conduct Act 2013. Raise Investments Limited is the investment manager for the Bitcoin ETF PIE Fund.
The Fund's Product Disclosure Statement ("PDS"), Other Material Information ("OMI"), and Statement of Investment Policy and Objectives ("SIPO") are available below or from FundRock New Zealand | FundRock, or from https://disclose-register.companiesoffice.govt.nz/
