Derived from TechFlow, France's financial regulator AMF has revised policies to allow retail sales of crypto index ETNs and removed warning labels for qualifying products. This aligns with the UK's plan to lift its retail crypto ETN ban in October 2025 and Nordea's December launch of Bitcoin ETPs. CoinShares holds 32% of the European crypto ETP market, with $1 billion in net inflows on its physical platform year-to-date. The European crypto ETN market has recorded €2.5 billion in inflows this year, with regulatory changes expanding coverage to include 14 million active UK retail investors, a quarter of French adults with financial investments, and 9 million Nordic private clients.
France Adjusts Retail Rules for Crypto ETNs, European Market Sees New Regulatory Shifts
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