Crypto: Ing Germany Expands Crypto Etp And Etn Offerings With Bitwise, Vaneck

ING Germany expands crypto access with Bitwise ETPs and VanEck ETNs covering Bitcoin, Ether, Solana and other major digital assets.

ING Germany, the retail banking unit of Dutch multinational ING Group, is expanding crypto investment access through new partnerships with US asset managers Bitwise and VanEck.

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

The new offerings join ING-listed investment vehicles from 21Shares, WisdomTree and BlackRock’s iShares.

The launches come amid a challenging crypto market, with Bitcoin (BTC) trading 10% down year-to-date, reflecting adoption by traditional finance despite market turbulence.

Starting in February, ING Germany clients can trade Bitwise crypto ETPs with order sizes of at least 1,000 euros ($1,180) without execution fees, while smaller orders are subject to a $4.60 commission, according to Bitwise.

“The products can also be used for savings plans without execution fees,” the company noted, adding that the partnership underscores both companies’ long-term commitment to digital assets.

While the promotion covers the full Bitwise product range on Deutsche Börse Group’s Xetra platform, the offer focuses on three key 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 on ING include 10 securities linked to Bitcoin, Ether (ETH), Algorand (ALGO), Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Polygon (POL) and Solana (SOL), as well as two basket ETNs.

Related: Bitcoin hits ‘fire-sale’ value as ETF outflows surge: Bitwise

Source: CoinTelegraph