BNP Paribas Launches Six Bitcoin and Ether ETNs for Retail Investors in France

French multinational bank BNP Paribas has expanded its investment offerings to include six crypto linked exchange traded notes (ETNs), providing retail clients with exposure to Bitcoin (BTC) and Ether (ETH) through regulated products.

ETN Details and Access

The new ETNs, indexed to Bitcoin and Ether prices, will be available via standard securities accounts starting Monday. They are open to individual investors, entrepreneurs, private banking clients, and users of the bank’s digital platform, Hello bank!. Unlike direct crypto purchases, ETNs allow investors to track digital asset performance without holding the underlying cryptocurrencies. These products carry credit risk, offer no tracking error, and may provide tax advantages.

BNP Paribas’ Digital Asset Initiatives

This launch builds on BNP Paribas’ broader digital asset strategy, including the issuance of Slovenia’s first digital sovereign bond in 2024 and tokenized fund share classes on Ethereum. The bank has also joined the Canton Network and supported Digital Asset’s $135 million funding round, reinforcing its role in blockchain-based finance.

Crypto ETNs are gaining traction in Europe, with adoption growing in Germany and the UK after regulatory reversals allowed retail access.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.