According to ChainCatcher, Nordea announced that it will offer Bitcoin Tracking Exchange Traded Product (ETP) services to customers starting in December 2025, marking the official entry of one of the largest banks in Northern Europe into the crypto asset space.
This product, manufactured by CoinShares International Limited, falls under the category of synthetic ETPs, with Bitcoin as the underlying asset, and is 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 be offered solely 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.
