Nordea Bank to Launch Bitcoin ETP Trading Service in December in Response to EU MiCA Regulatory Framework

Jinse Finance reported that Nordea has announced it will offer Bitcoin-tracking Exchange Traded Product (ETP) services to clients starting from December 2025, marking the official entry of one of the largest Nordic banks into the crypto asset sector. The product is manufactured by CoinShares International Limited and belongs to the synthetic ETP category, with Bitcoin as its underlying asset, specifically designed for experienced investors seeking exposure to alternative assets. Nordea had previously maintained a cautious stance towards cryptocurrencies, but with the European Union passing the MiCA regulation (Markets in Crypto-Assets Regulation) in 2023 and its full implementation in December 2024, the European regulatory environment has become increasingly mature. Coupled with growing demand for virtual currencies in the Nordic region, the bank has adjusted its strategy. The product will only be provided as an execution service, and the bank will not offer investment advice regarding it. Nordea stated that it will continue to monitor the development of blockchain technology and expand related services as the market matures to meet client needs.