{"id":51100,"date":"2026-03-29T16:35:12","date_gmt":"2026-03-29T16:35:12","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/51100\/"},"modified":"2026-03-29T16:35:12","modified_gmt":"2026-03-29T16:35:12","slug":"bnp-paribas-offers-bitcoin-ethereum-etns-to-french-retail-clients","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/51100\/","title":{"rendered":"BNP Paribas Offers Bitcoin, Ethereum ETNs To French Retail Clients"},"content":{"rendered":"<p>BNP Paribas announced it will offer six exchange-traded notes indexed to Bitcoin (<a href=\"https:\/\/yellow.com\/asset\/btc\" rel=\"nofollow noopener\" target=\"_blank\">BTC<\/a>) and Ethereum (<a href=\"https:\/\/yellow.com\/asset\/eth\" rel=\"nofollow noopener\" target=\"_blank\">ETH<\/a>) to French retail clients starting March 30.<\/p>\n<p>The products <a href=\"https:\/\/group.bnpparibas\/en\/press-release\/bnp-paribas-expands-its-stock-exchange-offering-to-crypto-asset-etns\" rel=\"nofollow noopener\" target=\"_blank\">provide<\/a> indirect exposure to cryptocurrency price movements through unsecured debt instruments issued by third-party asset managers.<\/p>\n<p>France&#8217;s largest bank described the ETNs as compliant with MiFID II investor protection rules.<\/p>\n<p>The products will be available through securities accounts to individual clients, entrepreneurs, private banking clients, and Hello bank! customers in France.<\/p>\n<p>Debt Instruments, Not Direct Crypto Holdings<\/p>\n<p>ETNs are unsecured debt obligations that track underlying asset performance without requiring direct cryptocurrency ownership. Investors face counterparty risk to the ETN issuer if the issuing entity defaults.<\/p>\n<p>BNP Paribas did not disclose which asset managers will issue the six products, stating only that it selected issuers &#8220;for their solidity and risk management systems.&#8221;<\/p>\n<p>The bank also did not specify fee structures or which specific Bitcoin and Ethereum indices the ETNs will track.<\/p>\n<p>The products will eventually be available to BNP Paribas Wealth Management clients internationally, though the bank provided no timeline for expansion beyond France.<\/p>\n<p>Read also: <a href=\"https:\/\/yellow.com\/news\/nodus-bank-exec-pleads-guilty-fraud\" rel=\"nofollow noopener\" target=\"_blank\">Nodus Bank CEO Pleads Guilty To $24.9M Fraud, Venezuela Sanctions Evasion<\/a><\/p>\n<p>Part of Broader European Banking Crypto Push<\/p>\n<p>BNP Paribas tokenized a money market fund on Ethereum&#8217;s public blockchain in February 2026 using its AssetFoundry platform.<\/p>\n<p>The bank also joined the Qivalis consortium developing a euro-backed stablecoin with 12 European banks, scheduled to launch in the second half of 2026.<\/p>\n<p>In March, BNP Paribas received authorization from France&#8217;s REGAFI registry as an issuer of asset-referenced tokens and electronic money tokens under the European Union&#8217;s Markets in Crypto-Assets (MiCA) regulation.<\/p>\n<p>The ETN launch follows similar products introduced by Warsaw Stock Exchange in February, which offered ETNs linked to Bitcoin, Ethereum, Solana (<a href=\"https:\/\/yellow.com\/asset\/sol\" rel=\"nofollow noopener\" target=\"_blank\">SOL<\/a>), and <a href=\"https:\/\/yellow.com\/asset\/xrp\" rel=\"nofollow noopener\" target=\"_blank\">XRP<\/a>.<\/p>\n<p>Read next: <a href=\"https:\/\/yellow.com\/news\/gamestops-dollar368m-bitcoin-bet\" rel=\"nofollow noopener\" target=\"_blank\">GameStop&#8217;s $368M Bitcoin Bet<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"BNP Paribas announced it will offer six exchange-traded notes indexed to Bitcoin (BTC) and Ethereum (ETH) to French&hellip;\n","protected":false},"author":2,"featured_media":51101,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[95],"tags":[6020,7773,7777,182,181],"class_list":["post-51100","post","type-post","status-publish","format-standard","has-post-thumbnail","category-warsaw","tag-banks","tag-bitcoin","tag-ethereum","tag-poland","tag-warsaw"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/116313438679354769","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/51100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=51100"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/51100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/51101"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=51100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=51100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=51100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}