Amundi: Largest European asset manager launches Bitcoin ETN

INFBusiness
16.10.2025
Markets

Amundi, the largest European asset manager, plans to launch a Bitcoin Exchange Traded Note (ETN) in the first quarter of 2026. The product is intended to fully comply with the requirements of the European crypto regulation MiCA.
Amundi aims to offer investors a regulated way to participate in Bitcoin's performance without directly holding the cryptocurrency.
As the company announced on October 14, 2025, the new ETN offering will be available in several European markets. Exact details regarding trading venues, tickers, and liquidity will be published later this year. According to Amundi, the launch aims to provide both institutional and private investors with access to Bitcoin within a clearly regulated framework.
With the MiCA regulation, which will come into full force in 2026, issuers will for the first time be subject to uniform rules for crypto products across the EU. These will set, among other things, transparency and investor protection standards. Amundi's move is therefore considered a further milestone in the integration of digital assets into the European financial market.
Market observers see this move as a response to the growing demand for regulated Bitcoin products in Europe. Comparable offerings already exist from providers such as 21Shares and Bitwise, which are also preparing MiCA-compliant structures. However, the Amundi ETN could achieve a wider reach through the French asset manager's extensive distribution network.
With EUR 2.2 trillion in assets under management (AUM), Amundi is the largest asset manager in Europe.
Those who invest in Bitcoin through asset managers like Amundi benefit from the price performance, but don't own any Bitcoin of their own. To maintain Bitcoin's advantages, such as censorship resistance, they should invest on regulated and reputable platforms like Bitpanda.

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