Scandinavia’s largest bank, Nordea, now allows customers to access a Bitcoin-linked ETP from CoinShares, in December. The ETP will be an “execution-only offering,” with Nordea holding over $286 billion in assets and 10 million customers.

Regulations and market maturity have led to Nordea’s change of heart towards Bitcoin, citing the European Markets in Crypto-Assets Regulation. The bank is now open to offering products as the environment matures, influenced by growing demand for cryptocurrencies in the Nordics.

Crypto ownership in the Nordic regions is steadily growing, with around 2.1 million people owning crypto out of a population of over 28 million. This figure is up from 1.5 million last year, and 28% of respondents plan to buy crypto in the next decade, potentially increasing ownership to 6.4 million by 2035.

Read more at Coin Telegraph: Major Nordic Bank Will Allow Customers to Access Bitcoin ETP