ING Deutschland has opened retail entry to cryptocurrency-linked exchange-traded notes (ETNs), permitting prospects to realize publicity to Bitcoin, Ethereum and Solana by its securities platform.
Key Takeaways:
- ING Deutschland now affords retail traders bank-integrated ETNs for Bitcoin, Ethereum and Solana.
- The merchandise take away the necessity for wallets or non-public keys by becoming into current brokerage accounts.
- ING warned the ETNs carry excessive dangers regardless of tax alignment and controlled buying and selling venues.
The merchandise are bodily backed ETNs issued by established suppliers together with 21Shares, Bitwise and VanEck.
The notes observe the efficiency of particular person cryptocurrencies and are traded on regulated exchanges through ING’s Direct Depot service, integrating crypto publicity into a conventional brokerage setup.
ING Goals to Decrease Obstacles With Financial institution-Built-in Crypto ETNs
ING mentioned the providing is designed to cut back friction for retail traders by counting on acquainted banking infrastructure.
Prospects don’t have to handle third-party wallets, non-public keys or separate crypto accounts, because the ETNs are held alongside different securities of their current portfolios.
“This creates one other notably low-threshold entry to crypto investments through exchange-traded merchandise,” mentioned Martijn Rozemuller, chief government of VanEck Europe, in a translated assertion.
He added that many traders choose crypto publicity that matches inside current custody and reporting constructions whereas providing clear prices.
The financial institution additionally famous that the ETNs fall below Germany’s tax framework for crypto investments.
The most important retail brokerage in Germany
Has rolled out entry to @Bitwise_Europe crypto ETPS!https://t.co/XDzw7PzBDH pic.twitter.com/IiwrZgykMN— Hunter Horsley (@HHorsley) February 2, 2026
Below present guidelines, capital good points could also be exempt from tax if positions are held for multiple 12 months, aligning the merchandise with the remedy of direct cryptocurrency holdings.
On the similar time, ING pressured that the devices carry substantial dangers. In disclosures accompanying the launch, the financial institution cited excessive worth volatility, potential whole loss within the occasion of issuer insolvency, liquidity constraints, market manipulation and regulatory uncertainty.
On an academic web page, ING described cryptocurrencies as speculative property whose costs are closely influenced by market psychology.
The transfer marks one other step in ING’s gradual enlargement into digital property. The Dutch banking group, whose historical past dates again to the 18th century, has been exploring blockchain-based finance throughout Europe.
In September, ING joined a consortium of European banks engaged on a euro-denominated stablecoin, aiming to create a trusted fee customary for the area.
By bringing crypto-linked ETNs to retail prospects, ING joins a rising variety of European banks providing regulated pathways into digital property with out direct token possession.
ING Joins Financial institution Consortium Exploring Euro-Denominated Stablecoin Below MiCA
As reported, ING is making ready to launch a euro-denominated stablecoin as a part of a consortium with different banks.
The undertaking continues to be at an early stage, with a number of taking part establishments awaiting board approvals and regulatory clearance to determine a joint issuing entity. ING declined to touch upon the plans.
The initiative comes because the European Union’s Markets in Crypto-Belongings Regulation (MiCA) reshapes the area’s stablecoin panorama by setting licensing necessities, reserve guidelines and oversight requirements.
MiCA has elevated curiosity in euro-backed digital currencies by offering a clearer framework for banks to problem compliant merchandise.
ING wouldn’t be the primary European financial institution to enter the area. Société Générale, through its SG FORGE unit, has already launched a euro-backed stablecoin, whereas analysts notice MiCA has strengthened regulated choices comparable to Circle’s EURC.
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