ING opens retail access to Bitcoin, Ethereum, Solana ETPs in Germany
ING Deutschland has launched retail access to cryptocurrency-linked exchange-traded notes (ETNs) for Bitcoin, Ethereum, and Solana. These products, issued by providers like 21Shares and VanEck, are designed to simplify crypto investing by using familiar banking infrastructure. While they offer lower entry barriers, ING warns of significant risks, including price volatility and potential total loss. Investments are subject to tax treatment similar to direct crypto holdings in Germany. ING has been expanding into digital assets, previously joining a consortium to develop a euro-based stablecoin.