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Nordea to Offer CoinShares Synthetic Bitcoin ETP Starting December 2025

The bank cites MiCA’s regulatory clarity as the catalyst for opening crypto exposure to clients.

Overview

  • Trading will be available on Nordea’s execution-only platform, with no advisory services and a focus on experienced investors.
  • Clients will access Bitcoin exposure through standard investment accounts without setting up separate crypto wallets.
  • The product uses a synthetic ETP structure, which introduces counterparty and operational risks distinct from holding Bitcoin directly.
  • CoinShares is the external issuer, supported by recent regulatory progress including FCA approval of its base prospectus for crypto ETPs.
  • With roughly €648 billion under management, Nordea’s move signals broader bank-channel distribution of regulated crypto exposure in the Nordic market.