Ether ETPs | Crypto

Danske Bank said it is opening access to Bitcoin and Ether ETPs for self-directed clients after years of caution on crypto, citing rising customer demand and clearer EU rules. Danske Bank, the largest bank in Denmark and a major retail bank in Northern Europe with over five million customers, is allowing clients to buy Bitcoin and Ether exchange-traded products (ETPs) from BlackRock and WisdomTree via its eBanking and Mobile Banking platforms for the first time.  The new offering, announced Wednesday, is open to self-directed investors only — customers who trade on the bank’s platform without receiving investment advice — and is explicitly framed as a response to “increasing customer demand” and “improved regulation” in the wake of the European Union’s Markets in Crypto Assets (MiCA) regime. The bank said customers can initially buy three “carefully selected” ETPs, two tracking Bitcoin (BTC) and one tracking Ether (ETH), offered by BlackRock and WisdomTree and covered by Markets in Financial Instruments Direc...

The rollout comes as UK regulators reopen the retail market to crypto-related products and global issuers expand regulated offerings. Valour, the UK subsidiary of digital asset company DeFi Technologies, has secured regulatory approval to offer crypto exchange-traded products to retail investors on the London Stock Exchange. In a Monday notice, DeFi Technologies said the UK’s Financial Conduct Authority (FCA) had approved Valour’s exchange-traded products tied to Bitcoin (BTC) and Ether (ETH) staking. The offerings, called 1Valour Bitcoin Physical Staking and 1Valour Ethereum Physical Staking, began trading on the London Stock Exchange on Monday. “The UK is one of the world's most important financial markets, and these approvals broaden our ability to serve UK retail investors with transparent, exchange-listed products that provide straightforward exposure to the evolving digital asset economy,” said Johan Wattenström, DeFi Technologies chairman and CEO. Read more