Buy Bitcoin, Ethereum, and Solana Safely! Can German Retail Investors now Access Crypto ETNs via ING Deutschland?

Key Takeaways

• ING now allows customers in Germany, the Netherlands, and Belgium to buy cryptocurrency ETNs directly through their regular securities accounts, providing exposure to Bitcoin, Ethereum, Solana, and XRP without needing to manage wallets or private keys. 
• The ETNs are listed on regulated European exchanges, making trading safer and more secure. Before trading, retail clients must pass a short knowledge test to understand risks like price changes and potential losses. 
• Experts say ING’s move reflects a growing trend in Europe, where banks and brokers are offering authorised crypto products, helping investors safely include cryptocurrencies in their overall investment portfolios.

FROM BTC TO XRP, INVEST WISELY WITH ETNS AND PROTECT YOUR PORTFOLIO!

Imagine buying Bitcoin, Ether, or Solana directly from your bank! Germany’s Berlin ING Deutschland has enabled retail customers to directly engage in cryptocurrency exchange-traded notes (ETNs) through their standard broking accounts, which is a first for many regular investors.

With this development, investors may now access popular digital assets like Bitcoin, Ethereum, Solana, and XRP without using a different exchange or requiring a cryptocurrency wallet.

BTC Chart TradingView

Technical Analysis

• The RSI is near the middle, showing no extreme buying or selling pressure at the moment. However, short-term Stochastic indicators suggest Bitcoin may be overbought, which could lead to a small pullback or consolidation. 
• On the upside, MACD and several moving averages indicate bullish momentum, pointing to strength in shorter-term trends. 
• At the same time, longer-term moving averages are not fully aligned, which means the long-term trend remains unclear.

Crypto Comes to Your ING Account

In Germany, the Netherlands, and Belgium, customers who have a regular “Direkt-Depot” at ING can now purchase a small number of cryptocurrency ETNs using their current securities account. The trading is “execution only,” which means that while ING completes the order, it doesn’t offer individualised investment guidance.

Top Cryptos Now Available Through ING

One of the biggest retail brokers in Germany, ING Deutschland, presently provides five primary crypto products. These include four ETNs for Bitcoin, Ethereum, Solana (including staking-enabled versions), and XRP from WisdomTree and one from BlackRock.

Investors have additional alternatives because Bitcoin is provided through two different ETNs. Because the goods are listed on regulated European markets like Xetra, ordinary investors can access and safely purchase them.

Invest Without Handling Private Keys

Clients benefit from price exposure to the underlying cryptocurrencies because these are exchange-traded notes, while ING and the issuers manage custody, storage, and other operational aspects. With this configuration, investors can access cryptocurrency in a well-known investment format without having to manage wallets or private keys.

ING Ensures Investors Understand the Risks

Want crypto exposure without the risks of unregulated apps? Before they may trade cryptocurrency ETNs, ING requires all retail clients to take a brief knowledge exam to ensure they understand the risks.

The test determines their level of knowledge regarding pricing adjustments, potential financial loss, and product operation. Investing is restricted to individuals who pass the exam, encouraging responsible participation in the cryptocurrency market.

ING’s action, according to experts, is a part of a growing trend in Europe where banks and brokers provide cryptocurrency through authorised products rather than dangerous apps. This makes purchasing cryptocurrencies safer for German investors and helps them to incorporate them into a well-rounded investing portfolio.

You need to login in order to Like