ING Deutschland (ING-DiBa), certainly one of Germany’s largest retail brokerage companies, has made a major transfer into cryptocurrency.
Based on the official announcement, ING Germany has began permitting particular person clients to purchase and promote cryptocurrency ETPs.
ING Deutschland, certainly one of Germany’s largest monetary establishments, has launched a cryptocurrency exchange-traded product (ETP) buying and selling service for particular person buyers.
With this transfer, ING permits its clients to take a position straight in ETPs that observe indices for cryptocurrencies equivalent to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP by way of their securities accounts.
At this level, the financial institution enabled its clients to spend money on Bitcoin ETPs, in addition to achieve entry to Ethereum, Solana (together with staking-enabled variants), and crypto index ETPs.
It was additionally acknowledged that partnerships have been established with 21Shares, VanEck, Bitwise, iShares (BlackRock), and WisdomTree to supply ETN cryptocurrencies to their clients.
*This isn’t funding recommendation.
