The German bank offers Bitwise and VanEck products on Bitcoin, Ethereum, Solana and other digital assets.
ING Deutschland, the retail banking division of Dutch group ING, has expanded access to crypto investments through new partnerships with American asset managers Bitwise and VanEck. The German bank has launched Bitwise exchange-traded products (ETPs) and VanEck exchange-traded notes (ETNs), as announced by the companies on Monday.
Starting in February, ING Germany clients will be able to trade Bitwise crypto ETPs with minimum orders of 1,000 euros without execution fees, while smaller orders are subject to a $4.60 commission. The offering covers Bitwise’s entire product range on Deutsche Börse Group’s Xetra platform, focusing on three key products: Bitwise Core Bitcoin ETP (BTC1), Bitwise MSCI Digital Assets Select 20 ETP (DA20) and Bitwise Physical Ethereum ETP (ZETH).
VanEck crypto ETNs listed on ING include 10 securities linked to Bitcoin, Ethereum, Algorand, Avalanche, Chainlink, Polkadot, Polygon and Solana, plus two basket ETNs. The new offerings add to investment vehicles already available on ING from 21Shares, WisdomTree and BlackRock‘s iShares. These products benefit from the same tax treatment in Germany as holding bitcoin directly: if held for more than one year, capital gains are tax-exempt.
Global crypto ETPs have recorded outflows of $3.43 billion in the past two weeks and $1 billion in year-to-date outflows, according to CoinShares. However, following the recent sell-off, Bitcoin ETFs rebounded on Monday, attracting $562 million in inflows according to SoSoValue.
