ING Deutschland (ING-DiBa), one in every of Germany’s largest retail intermediaries, has made a serious foray into cryptocurrencies.
In keeping with an official announcement, ING Germany has began permitting retail prospects to purchase and promote the cryptocurrency ETP.
ING Germany, one in every of Germany’s largest monetary establishments, has launched a cryptocurrency exchange-traded product (ETP) buying and selling service for retail buyers.
With this transfer, ING will enable prospects to immediately put money into ETPs that monitor indexes of cryptocurrencies reminiscent of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP via their brokerage accounts.
At this level, the financial institution has made it potential for patrons to not solely put money into Bitcoin ETPs, but additionally have entry to Ethereum, Solana (together with staking-enabled variants), and crypto index ETPs.
It was additionally said that partnerships have been established with 21Shares, VanEck, Bitwise, iShares (BlackRock) and WisdomTree to supply ETN cryptocurrencies to prospects.
*This isn’t funding recommendation.
