BNP Paribas Expands French Investment Lineup with Six Crypto-Linked ETNs

BNP Paribas has expanded its investment lineup in France by introducing six crypto-linked exchange-traded notes (ETNs) that track the prices of Bitcoin and Ether.

The regulated notes are available to retail clients through standard securities accounts and Hello bank!, with a potential extension to wealth-management clients outside France in the future. BNP Paribas has framed the products as a regulated gateway to crypto exposure, contrasting with direct purchases from crypto exchanges.

The launch sits within BNP Paribas' broader strategy to integrate digital assets into its operations. In 2024, the bank arranged and placed Slovenia's first digital sovereign bond, marking the European Union's debut in blockchain-based government debt issuance.