Amundi to Launch Bitcoin ETP in 2026
Amundi, Europe’s largest asset manager, plans to launch its first Bitcoin exchange-traded product (ETP) in early 2026. This will be the first crypto fund from a top European issuer.
Amundi manages €2.3 trillion in assets. The company’s move follows new crypto rules in Europe under the Markets in Crypto-Assets (MiCA) framework. These rules give clearer guidelines and stronger protections for crypto funds.
Growing Demand for Crypto ETFs
Amundi will be the first major European firm to follow BlackRock’s lead. BlackRock’s Bitcoin ETF, IBIT, holds over 800,000 BTC. This is about 4% of all Bitcoin and worth nearly $97 billion.
Gregory Raymond, co-founder of The Big Whale, said, “After watching the BlackRock hurricane from afar for a long time, the European asset management giant is taking the plunge.”
Crypto ETFs are popular because they let investors easily access Bitcoin’s price. Last week, crypto products saw $3.17 billion in inflows, according to CoinShares. Bitcoin funds led with $2.67 billion, pushing year-to-date inflows to $30.2 billion.
Europe’s Growing Crypto Interest
- Altcoins like Ethereum, Solana, and Ripple also saw strong inflows despite recent market dips.
- Amundi’s move may encourage other top European firms to launch crypto products.
- Nine European banks are working on a euro-backed stablecoin, expected in 2026.
- This stablecoin aims to reduce reliance on the US Dollar in Europe.
