Amundi Enters the Crypto Fray with Plans for a First-Ever Bitcoin ETF

Leading European asset manager, Amundi, has announced its intention to launch a Bitcoin exchange-traded fund (ETF), marking a significant shift in the way traditional finance views cryptocurrency. With over $2.2 trillion under management, making it the EU’s largest asset manager, this move signifies the increasing institutional interest in crypto assets within Europe. Amundi’s ETF will be one of the first major steps taken by a top-tier institution to offer regulated exposure to Bitcoin in Europe. This is expected to open the doors for increased access to cryptocurrency for both European investors and institutions.