Faba Bank launches 6 encrypted asset ETNs, covering Bitcoin and Ethereum

BNP Paribas announced the launch of six ETNs related to cryptocurrency assets, providing investors with an indirect channel to allocate assets such as Bitcoin and Ethereum without the need to directly hold cryptocurrency assets. These products are based on the performance of encrypted assets, issued by multiple well-known asset management institutions, and comply with the MiFID II regulatory framework. The above-mentioned ETN will be open for subscription to individual customers, entrepreneurial customers, and private banking customers in the French region from March 30, 2026, and plans to expand to more wealth management customer groups.