€2.3 trillion Amundi to launch Bitcoin investment product
Key Takeaways
- Amundi, with €2.3 trillion in assets under management, is preparing to enter the crypto ETF market.
- The move aligns with Amundi’s recent acknowledgment of digital assets like Bitcoin as part of broader discussions on inflation resilience and portfolio diversification.
Amundi, Europe’s leading asset manager with €2.3 trillion in assets under management, is preparing to enter the Bitcoin ETN market, according to The Big Whale, a French crypto-focused media outlet.
The move aligns with Amundi’s recent views on Bitcoin as a potential store of value and macro-hedging asset amid persistent inflation pressures. The asset manager has been expanding its ETF offerings with new leveraged products eligible for European tax-advantaged accounts.
Institutional players across Europe are increasingly exploring Bitcoin exposure through regulated ETFs, influenced by sovereign fund activities in the Eurozone that signal broader acceptance of digital assets in traditional finance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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