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Nordea to Offer CoinShares Synthetic Bitcoin ETP to Clients in December

The decision reflects MiCA-enabled clarity, with a cautious focus on experienced investors.

Overview

  • Customers will be able to trade the Bitcoin-linked product from December 2025 on Nordea’s execution-only platform without advisory services.
  • The ETP is manufactured by CoinShares and uses a synthetic structure that delivers price exposure without holding Bitcoin directly.
  • Nordea frames the move as a response to clearer EU rules under MiCA and growing interest in digital assets across the Nordic region.
  • The bank stresses that the product targets experienced investors and notes the issuer and counterparty risks inherent in synthetic ETPs.
  • The offering marks a cautious entry into crypto exposure through regulated exchange-traded wrappers in line with broader European market trends.