BlackRock launched its spot Bitcoin exchange-traded product in Europe in March, listing under the ticker “IB1T” on Euronext Paris and Xetra, and “BTCN” on Euronext Amsterdam.
Deutsche Bank last week confirmed it will launch institutional crypto custody services in 2026. It follows a June announcement that the lender is also exploring stablecoin issuance and blockchain payment projects in step with MiCA guidelines.
However, European regulators remain cautious. ECB Governor Fabio Panetta recently reiterated concerns of reputational risks from crypto services inside regulated banks and stressed the need to manage investor expectations and consider a digital euro to preserve confidence in financial systems.
