Danske Bank Offers Bitcoin, Ethereum ETPs to Investors, Ending Eight-Year Crypto 'Ban'

In brief

• Denmark’s Danske Bank is now giving users of its Danske eBanking and Danske Mobile Banking the opportunity to invest in Bitcoin and Ethereum ETPs.
• The rollout of crypto-related products represents a turnaround for the Danish bank, which in previous years had explicitly ruled out offering any kind of crypto services.
• But while the lender accepts that the cryptocurrency market has matured in recent years, it still underlines that it does not recommend crypto as an asset class.