As the European regulatory environment for cryptocurrencies has matured and the demand for virtual currencies and cryptocurrencies is growing across the Nordics, Nordea has decided to allow customers to trade in a crypto-linked product on its platforms.
The market for crypto-related investment products, especially exchange-traded products (ETPs) with a cryptocurrency as the underlying asset, has grown rapidly in Europe as institutional and retail investors seek to gain exposure to digital assets within established financial markets.
Nordea has closely monitored trends in cryptocurrencies but maintained a cautious approach due to the unregulated nature of crypto-assets and the lack of investor protection and authority supervision that dominated the emergence of digital currencies.
As the market has matured, Nordea has decided to allow customers to trade in an externally manufactured crypto-linked product on its platforms. The new product is manufactured by CoinShares International Limited, and it will be available on Nordea platforms in December 2025.
The product is a so-called synthetic ETP, a product category that gives investors the opportunity to get exposure to different asset types through traditional financial instruments. This ETP has Bitcoin as the underlying asset and is aimed at experienced investors seeking alternative asset exposure. It will be available in our execution-only offering, meaning that customers can buy this product, but Nordea does not offer advice on it.
BITCOINPEOPLE.ORG 