BNP Paribas is set to offer Bitcoin and Ethereum exchange-traded notes (ETNs) to French retail clients starting March 30, 2026, allowing them to gain indirect exposure to cryptocurrencies through traditional accounts. This move comes in response to growing investor interest in crypto-asset exposure, and the ETNs will be issued by reputable firms such as VanEck, WisdomTree, and 21Shares, ensuring tracked performance to the underlying cryptocurrencies. Additionally, BNP Paribas Asset Management has been exploring the tokenization of assets, having piloted a tokenization project for a French money market fund using Ethereum’s public blockchain.
Bitcoin: Bitcoin is the original decentralized cryptocurrency, secured by a proof-of-work blockchain and widely regarded as a digital store of value. It serves as a key underlying asset for the ETNs BNP Paribas is introducing to French retail clients.
Ethereum: Ethereum is a foundational blockchain platform enabling smart contracts, decentralized applications, and tokenization initiatives through its Ether native token. It underpins several of BNP Paribas’ new ETNs and was utilized in the bank’s recent pilot for tokenizing a money market fund share class on public blockchain infrastructure.42
BNP Paribas: BNP Paribas is one of Europe’s largest banking groups, providing retail, commercial, investment banking, and asset management services from its base in France. Its commercial banking arm in France is expanding stock exchange offerings to include six new crypto-asset ETNs indexed to Bitcoin and Ethereum, available starting March 30, 2026, through securities accounts for retail and private banking clients. This step enables indirect exposure to cryptocurrencies within traditional brokerage frameworks.379
Author: blockchain24R
Sentiment: bullish
Tokens: $BTC, $ETH
