Nordea Bank has decided to offer clients a Bitcoin ETP from CoinShares.
Nordea, the largest Scandinavian bank, announced the launch of client access to cryptocurrency-related exchange-traded products. Starting in December 2025, users will be able to trade a synthetic exchange-traded product (ETP) pegged to the Bitcoin (BTC) digital currency, developed by CoinShares. This decision comes amid the maturation of European cryptoasset regulation and growing demand for these instruments among investors in the region.
Previously, Nordea had taken a cautious stance on digital currencies due to the lack of oversight and investor protection mechanisms. However, with the introduction of pan-European MiCA regulations, which came into force in December 2024, the bank saw an opportunity to provide secure and regulated access to crypto products. Clients will now be able to purchase Bitcoin ETPs through the Nordea platform using an execution-only format, meaning the financial institution does not provide investment advice.
Nordea representatives emphasized that the synthetic ETP will allow experienced investors to access crypto assets through traditional financial instruments. This format does not require direct ownership of the cryptocurrency and reduces the risks associated with storage and the technical aspects of transactions. However, clients remain fully responsible for their investment decisions.
CoinShares, the developer of this new product, is considered one of the largest providers of digital investment instruments in Europe. Its solutions are already used in institutional environments and are regulated under European financial legislation. The new partnership with Nordea opens the possibility of expanding the presence of crypto products in the banking sector.
Nordea stated that it will continue to monitor developments in the crypto industry and adapt its services to the changing regulatory environment. The bank intends to maintain a balance between innovation and security, providing clients with access to new investment forms while strictly adhering to financial regulatory requirements.
Source: cryptonews.net
