Danske Bank Offers Bitcoin and Ethereum ETPs to Investors, Ending Eight-Year Crypto ‘Ban’

Danske Bank, Denmark’s largest financial institution, has officially reversed its long-standing cautious stance on digital assets by granting clients access to Bitcoin and Ethereum Exchange-Traded Products (ETPs). This decision effectively ends an eight-year period during which the bank maintained a highly restrictive policy toward cryptocurrency-related investments, citing concerns over volatility and regulatory uncertainty. The bank noted that the shift is a response to significant demand from investors who wish to gain exposure to digital assets through regulated financial instruments. While Danske Bank continues to emphasize the high-risk nature of these assets, the move reflects a broader trend among European banks to integrate crypto-linked products into their offerings following the successful launch of spot Bitcoin ETFs in the United States and evolving regulatory frameworks in Europe.

Source: Danske Bank Offers Bitcoin, Ethereum ETPs to Investors, Ending Eight-Year Crypto ‘Ban’