Nordea Bank has partnered with CoinShares to offer Bitcoin exposure through an exchange-traded product (ETP) starting in December 2025, marking a significant step towards mainstream crypto adoption within Europe. This move comes as the largest bank in Nordic Europe with €648 billion in assets seeks to integrate cryptocurrency offerings into its traditional financial services. Nordea’s ETP will be synthetic, providing customers exposure to Bitcoin without direct ownership of the asset.
The initiative is driven by growing institutional interest in crypto and regulatory clarity established by the EU’s MiCA framework. This partnership reflects a wider shift towards digital asset integration within traditional financial institutions.