BNP Paribas Launches Crypto ETNs in France: Bitcoin and Ether Exposure Without Direct Ownership

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BNP Paribas brings crypto ETNs to investors in France

BNP Paribas is expanding its cryptocurrency services in France with the launch of six new exchange-traded notes designed for individual investors.

Summary

  • BNP Paribas will launch six Bitcoin and Ether ETNs for clients in France on Monday.
  • Clients can access crypto price exposure through securities accounts without buying or storing Bitcoin directly.
  • The launch extends BNP Paribas’ digital asset push after tokenized fund and blockchain bond activity.

This new offering allows customers to invest in Bitcoin and Ether through standard, regulated financial products, without needing to directly hold the cryptocurrencies themselves. It also expands the bank’s growing involvement with blockchain technology and digital asset innovation throughout Europe.

Starting Monday, BNP Paribas will allow individual investors in France to trade six new crypto products through their regular investment accounts. These products are linked to the price of Bitcoin and Ether and are available to everyone from individual investors and business owners to private banking customers and Hello bank! users.

BNP Paribas might eventually offer its wealth management services to clients beyond France. This move positions the bank alongside other major European financial institutions that are increasing their involvement with digital assets by offering publicly traded and regulated investment options, instead of directly trading in cryptocurrencies.

Product structure gives indirect exposure to Bitcoin and Ether

These investment notes let people track the value of Bitcoin and Ether without actually owning or managing the cryptocurrencies themselves. This means you don’t need to worry about digital wallets or buying crypto through an exchange.

These products involve credit risk, meaning the investment’s success relies on the issuer’s financial stability. They offer clients a secure and regulated way to invest in cryptocurrencies, all within the familiar structure of a standard investment account.

This new service builds on BNP Paribas’ existing efforts in digital finance. Earlier in 2024, the bank successfully launched Slovenia’s first digital government bond, a groundbreaking achievement as it was the first of its kind in the European Union, utilizing blockchain technology.

The bank is increasingly involved with blockchain technology used by financial institutions. Last September, it joined forces with BNP Paribas and HSBC as part of the Canton Foundation, which manages the Canton Network – a blockchain platform designed for institutional finance and digital representations of real-world assets.

European market shows wider crypto ETN growth

BNP Paribas is joining a growing number of European banks that are offering cryptocurrency products to investors. This follows ING Germany’s recent addition of crypto exchange-traded notes (ETNs) from Bitwise and VanEck, highlighting ongoing interest in publicly traded digital assets.

The United Kingdom has reopened its market to crypto investments. After previously prohibiting them, the Financial Conduct Authority now allows retail investors to trade crypto Exchange Traded Notes (ETNs) as of October 2025.

BNP Paribas’ move reflects a growing trend in Europe, where banks are starting to offer access to cryptocurrencies through traditional investment products.

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2026-03-29 12:44