Nordea Bank will launch Bitcoin ETP trading services in December, in response to the EU's MiCA regulatory framework.

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According to Mars Finance, Nordea announced that it will offer Bitcoin Tracking Exchange Traded Product (ETP) services to its clients starting in December 2025, marking one of the largest banks in the Nordic region's official entry into the crypto asset space. This product, manufactured by CoinShares International Limited, is a synthetic ETP with Bitcoin as its underlying asset, designed for experienced investors seeking exposure to alternative assets. Nordea previously held a cautious stance on cryptocurrencies, but with the EU's adoption of the MiCA regulation and its full implementation in December 2024, the European regulatory environment is maturing, coupled with growing demand for virtual currencies in the Nordic region, prompting the bank to adjust its strategy. This product will only be offered as an execution service; the bank will not provide investment advice. Nordea stated that it will continue to monitor blockchain technology development and expand related services as the market matures to meet customer needs.

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