Nordea Bank Abp has announced plans to introduce a Bitcoin-based synthetic exchange-traded product (ETP) in collaboration with CoinShares International Limited, set to launch in December 2025. The new investment product will be available through Nordea’s execution-only trading platform, giving customers the ability to trade independently without financial advice from the bank.
Nordea Expands Crypto Access Amid Growing Market Demand
The move marks Nordea’s first major step into digital asset investment solutions, aligning with the increasing demand for crypto exposure across Europe. As the Markets in Crypto-Assets Regulation (MiCa) takes full effect in December 2024, Nordea aims to provide investors with a regulated and transparent way to access Bitcoin through a traditional financial structure.
Nordea noted that both retail and institutional investors in the Nordic region have shown strong interest in digital assets. By introducing this Bitcoin-linked ETP, the bank seeks to bridge the gap between traditional finance and the evolving crypto economy, catering to customers who prefer to trade within a secure and compliant framework.
A Regulated Alternative to Direct Bitcoin Ownership
Unlike holding Bitcoin directly, the synthetic ETP offers exposure through a conventional investment instrument, reducing the complexity and risks associated with crypto custody. Nordea describes the product as tailored for experienced investors seeking diversified and alternative asset opportunities within a regulated environment.
This partnership with CoinShares underscores Nordea’s strategy to blend innovation with investor protection, positioning the bank as a key player in Europe’s maturing crypto market.