Nordea Bank AB is set to offer a new exchange-traded product (ETP) that tracks Bitcoin for its clients, according to Foresight News. The Swedish financial institution recently announced it will begin allowing trading of crypto-related products on its platform, marking a shift from its previous cautious stance towards cryptocurrency. This decision comes as Nordea embraces the evolving regulatory landscape in Europe and responds to growing demand for digital currencies within the Nordic region. 5 10th
The new product, developed by CoinShares, is scheduled to launch on Nordea’s platform in December 2025. Designed for experienced investors looking to diversify their portfolio, this synthetic ETP utilizes Bitcoin as its underlying asset.