Nordea Bank will launch Bitcoin ETP trading services in December, responding to the EU MiCA regulatory framework

ChainCatcher news, Nordea announced that it will offer Bitcoin tracking exchange-traded products (ETPs) to customers starting in December 2025, marking the official entry of one of the largest banks in the Nordics into the cryptocurrency space.

The product is manufactured by CoinShares International Limited and falls under the synthetic ETP category, with Bitcoin as the underlying asset, designed for experienced investors seeking exposure to alternative assets. Nordea had previously taken a cautious stance on cryptocurrencies, but with the EU passing the MiCA regulation and set to fully implement it by December 2024, the European regulatory environment is maturing. Additionally, the growing demand for virtual currencies in the Nordic region has prompted the bank to adjust its strategy. The product will only be offered as an execution service, and the bank will not provide investment advice on it. Nordea stated that it will continue to monitor the development of blockchain technology and expand related services as market maturity increases to meet customer needs.