Nordic bank that once shunned crypto to soon offer a Bitcoin ETP
Nordea announced in 2018 that it would ban employees from buying and holding Bitcoin due to concerns that the crypto market was unregulated. The Bitcoin ETP, developed by digital asset investment firm CoinShares, holds Bitcoin (BTC) as its underlying asset, Nordea stated on Thursday. The ETP will only be offered as an “execution-only offering, meaning that customers can buy this product, but Nordea does not offer advice on it,” the bank added. Read more.