{"id":72094,"date":"2026-02-12T10:46:30","date_gmt":"2026-02-12T10:46:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=72094"},"modified":"2026-02-12T10:46:30","modified_gmt":"2026-02-12T10:46:30","slug":"denmarks-largest-bank-adds-bitcoin-ethereum-etps-but-warns-of-high-risk","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=72094","title":{"rendered":"Denmark\u2019s Largest Bank Adds Bitcoin, Ethereum ETPs, But Warns Of \u2018High Risk\u2019"},"content":{"rendered":"
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Danske Bank has started offering Bitcoin and Ethereum ETPs to customers for the first time, but the bank still doesn\u2019t endorse crypto assets.<\/p>\n

Danske Bank Now Offers Bitcoin & Ethereum ETPs<\/h2>\n

As announced in a press release<\/a>, Danske Bank\u2019s customers can now invest in some exchange-traded products (ETPs)<\/a> tracking the two largest cryptocurrencies: Bitcoin and Ethereum.<\/p>\n

The bank said that the new option is a response to increasing user demand for digital assets and improved regulation related to the sector. Kerstin Lysholm, head of investment products & offering at Danske Bank, noted:<\/p>\n

\n

As cryptocurrencies have become a more common asset class, we are receiving an increasing number of enquiries from customers wanting the option of investing in cryptocurrencies as part of their investment portfolio.<\/p>\n<\/blockquote>\n

Headquartered in Copenhagen, Danske Bank is the largest bank in Denmark with 3.75 trillion DKK (around $596 billion) in assets. Previously, the bank took a stalwart stance against offering cryptocurrency trading, but the latest move suggests it\u2019s finally opening up to the market.<\/p>\n

Though, Danske Bank still doesn\u2019t offer advisory services for digital assets, labelling them as \u201copportunistic investments\u201d rather than part of a long-term portfolio strategy. The addition of the new Bitcoin and Ethereum investment option is geared at investors who use the firm\u2019s trading platform without receiving any investment advice, the bank said.<\/p>\n

Investors using the option will gain exposure to the cryptocurrencies not by direct holding, but via ETPs, investment vehicles that allow for indirect exposure. This means that traders won\u2019t have to engage with blockchain components like wallets and exchanges.<\/p>\n

Lysholm emphasized that access to digital asset ETPs on the company\u2019s trading platform shouldn\u2019t be taken as a recommendation of cryptocurrencies from Danske Bank. The bank warned that the asset class involves \u201chigh risk\u201d and may result in large losses.<\/p>\n

The move to allow Bitcoin and Ethereum ETPs isn\u2019t the only one related to the cryptocurrency sector that Danske Bank has made recently. In September, the bank joined hands with eight other major European banks to develop a shared euro-pegged stablecoin<\/a>.<\/p>\n

Stablecoins are cryptocurrencies that have their price pegged to a fiat currency. Currently, the space is heavily dominated by the USD-based tokens, and the consortium of Danske Bank and other European banks plans to challenge this hegemony.<\/p>\n

\"Stablecoins<\/p>\n

Since the initial announcement, the consortium has gradually added more members, now involving a total of twelve<\/a> European financial institutions. The banks have set up a company called Qivalis in Amsterdam to handle the issuance of the stablecoin.<\/p>\n

While the exact launch date of the token is unknown, the consortium has said it aims to make a commercial release in the second half of 2026.<\/p>\n

BTC Price<\/h2>\n

At the time of writing, Bitcoin is floating around $66,700, down more than 8% in the last seven days.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Danske Bank has started offering Bitcoin and Ethereum ETPs to customers for the first time, but the bank still doesn\u2019t endorse crypto assets. Danske Bank Now Offers Bitcoin & Ethereum ETPs As announced in a press release, Danske Bank\u2019s customers can now invest in some exchange-traded products (ETPs) tracking the two largest cryptocurrencies: Bitcoin and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-72094","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/72094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72094"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/72094\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}