Bank ING Germany expands crypto ETPs and ETNs with Bitwise, VanEck

1 month ago

ING Germany, the retail banking portion of Dutch multinational ING Group, is expanding crypto concern entree done caller partnerships with US plus managers Bitwise and VanEck.

The German slope is rolling retired crypto exchange-traded products (ETPs) from Bitwise and crypto exchange-traded notes (ETNs) from VanEck, the companies announced separately connected Monday.

The caller offerings articulation ING-listed concern vehicles from 21Shares, WisdomTree and BlackRock’s iShares.

The launches travel amid a challenging crypto market, with Bitcoin (BTC) trading 10%. down year-to-date, reflecting adoption by accepted concern contempt marketplace turbulence.

New offerings screen Bitcoin, Ether, Solana, XRP and more

Starting successful February, ING Germany clients tin commercialized Bitwise crypto ETPs with bid sizes of astatine slightest 1,000 euros ($1,180) without execution fees, portion smaller orders would beryllium taxable to a 3.90 euro ($4.60) commission, according to Bitwise.

“The products tin besides beryllium utilized for savings plans without execution fees,” the institution noted, adding that the concern underscores some companies’ semipermanent committedness to integer assets.

Source: ING Germany

While the promotion covers the afloat Bitwise merchandise scope connected Deutsche Börse Group’s Xetra platform, the connection focuses connected 3 cardinal products: Bitwise Core Bitcoin ETP (BTC1), Bitwise MSCI Digital Assets Select 20 ETP (DA20) and Bitwise Physical Ethereum ETP (ZETH).

VanEck’s crypto ETNs listed connected ING include 10 securities linked to Bitcoin, Ether (ETH), Algorand (ALGO), Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Polygon (POL), Solana (SOL), arsenic good arsenic 2 handbasket ETNs.

Related: Bitcoin hits ‘fire-sale’ worth arsenic ETF outflows surge: Bitwise

ETPs are a wide class of securities tracking underlying assets, portion ETNs are a circumstantial benignant of ETP structured arsenic unsecured indebtedness securities. Similarly to exchange-traded funds (ETFs), ETPs clasp carnal assets, portion ETNs bash not, offering a instrumentality linked to an scale instead.

Global crypto ETPs person had a unsmooth commencement to 2026, losing $3.43 cardinal implicit the past 2 weeks and posting $1 cardinal successful outflows year-to-date, according to CoinShares. After the caller sell-off, Bitcoin ETFs rebounded connected Monday, attracting $562 cardinal successful inflows, according to SoSoValue.

Magazine: Bitcoin’s ‘miner exodus,’ UK bans immoderate Coinbase crypto ads: Hodler’s Digest, Jan. 25 – 31

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