Europe's largest asset manager, Amundi, with over €2.3 trillion in assets under management, is reportedly preparing to launch its first Bitcoin (BTC) exchange-traded product (ETP) in early 2026.
This move would make Amundi the first major European financial institution to follow the lead of U.S. giants like BlackRock, whose Bitcoin ETF, IBIT, has seen massive success, currently holding nearly $97 billion in BTC. According to The Big Whale report, the European asset manager is finally "taking the plunge" after observing BlackRock's success.
The decision is likely driven by two key factors:
Amundi's entry into the crypto ETP market is expected to encourage other top European financial institutions to follow suit, further solidifying the region's adoption of digital assets. This follows a broader trend in Europe, where nine banks are already collaborating to launch a euro-pegged stablecoin in 2026 to counter the US Dollar's dominance.
October 2025, Cryptoniteuae