Catenaa, Wednesday, November 05, 2025-Nordic bank Nordea will begin offering Bitcoin-linked synthetic exchange-traded products (ETPs) to its clients starting December, marking a cautious entry into regulated crypto investment.
The products, developed with CoinShares International, allow investors to gain indirect exposure to Bitcoin through derivatives, without holding the asset directly.
They will be available on Nordea’s execution-only platform, letting customers trade independently without advisory services.
Synthetic ETPs are increasingly popular in Europe, providing digital-asset exposure while meeting strict transparency and risk standards required for EU exchange-traded products.
CoinShares, which already issues crypto-linked ETPs on the SIX Swiss Exchange and Deutsche Börse’s Xetra, is a strategic partner for the launch.
Nordea cited the implementation of the Markets in Crypto-Assets (MiCA) regulation in December 2024 as a key factor enabling the offering.
MiCA provides a unified legal framework for digital assets across the EU, establishing licensing requirements, disclosure rules, and investor protections. The bank said the ETP aligns with growing investor demand while adhering to regulatory safeguards.
The move reflects a broader trend among European banks acknowledging that crypto-linked instruments can coexist with traditional finance under clear rules. Nordea will initially limit the ETP to experienced investors and monitor developments in blockchain and digital assets.
CoinShares reported $921 million in inflows to crypto investment products last week, with strong global trading volumes of $39 billion. The launch highlights rising institutional confidence in Europe’s regulated crypto market and the ongoing integration of digital assets into mainstream finance.
