Denmark’s largest bank, Danske Bank, has reversed its long-standing crypto ban and now offers B

$BTC and $ETH exchange-traded products (ETPs) to self-directed investors. The products, provided by BlackRock and WisdomTree, track crypto prices without requiring direct ownership and are accessible through the bank’s eBanking and Mobile platforms.

After banning crypto services in 2018 due to regulatory concerns, the bank reconsidered as EU regulations improved oversight and investor protection. Access is limited to customers who pass knowledge and suitability tests, and the bank does not recommend crypto as a long-term investment, labeling it high-risk.

As of 2024, around 70,600 Danes (1.2% of the population) own cryptocurrency.

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