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ING Deutschland has announced the opening of a trading platform for crypto-linked exchange-traded securities (ETNs), allowing customers to invest. Bitcoin andEthereum andSolana Through its security platform.
Key points:
- ING Deutschland is now offering bank-integrated crypto-linked ETFs for Bitcoin, Ethereum and Solana traders.
- These products allow investors to do without wallets or private keys by integrating them into existing accounts.
- ING warned that ETFs carry significant risks despite compliance with tax and regulatory requirements.
These ETNs are backed by underlying assets (cryptocurrencies) and are offered by well-known names such as 21Shares, Bitwise, and VanEck.
These securities track the performance of cryptocurrencies and are traded on exchanges managed by ING’s Direct Depot service, including exposure to cryptocurrencies in a traditional manner.
ING aims to lower barriers through retail products linked to cryptocurrencies and integrated into banking
ING noted that the offer was designed to reduce the difficulties investors face in relying on well-known banks.
Clients do not need to manage external wallets, private keys or special cryptocurrency accounts, as cryptocurrency-linked ETFs are held together with other securities in their existing wallets.
Martin Rosmüller, CEO of VanEck Europe, said in a statement Translated words: “This creates an alternative way to earn cryptocurrency by using a low-cost exchange.”
He also said that many investors like transparency About digital currency It is compatible with existing records and reports while providing cost transparency.
The bank also noted that exchange-traded securities linked to cryptocurrencies fall under German taxation For digital currency.
Under current legislation, capital gains can be tax-deductible if the positions are active for more than one year, which makes the product directly linked to cryptocurrency.
At the same time, ING emphasized that these instruments carry significant risks. In disclosures that accompanied the launch, the bank cited price volatility, the possibility of outright bankruptcy if the issuer went bankrupt, financial failure, market distortions, and systemic uncertainty.
On the educational website, ING described cryptocurrencies as speculative assets whose prices are highly influenced by market psychology.
The move represents another step in ING’s gradual expansion into the digital economy. Starting in the 18th century, a group of Dutch banks are exploring blockchain-based finance across Europe.
In September, ING joined European banks working on a euro-denominated stablecoin, with the aim of creating a reliable payment system in the region.
By bringing securities linked to cryptocurrency exchanges to retail customers, ING joins the growing number of European banks that offer investment solutions to digital assets without the need for direct ownership of funds.
ING joins bank consortium to explore euro stablecoin under MICA rules
As mentioned, ING plans to launch a euro-denominated stablecoin as part of a partnership with other banks.
The project is still in its early stages, with many participating organizations awaiting organizational approval and regulatory approval to form a single provider organization. ING declined to comment on this proposal.
The project comes as the European Union’s Markets in Cryptoassets (MiCA) regulations are reshaping the region’s stablecoin ecosystem by establishing licensing requirements, depository rules, and oversight.
The MICA regulations have increased interest in cryptocurrencies backed by the euro by providing a clear framework for banks to issue legitimate products.
ING will not be the first European bank to enter the region. Société Générale, through its SG FORGE unit, has launched a euro-backed stablecoin, with experts suggesting that MICA’s rules will expand regulated offerings such as Circle’s EURC.
A note German bank ING Deutschland opens opportunity to sell cryptocurrency-linked exchange-traded funds (ETNs) appeared for the first time Cryptonews Arabic.
