Crypto TradFi Convergence Accelerates: BNP Paribas Unleashes Crypto ETNs for French Retail Investors
Within 18 months, at least five of Europe's ten largest banks will offer crypto-linked retail products, and the combined European crypto ETP market will surpass €50 billion in AUM—driven not by speculative mania, but by algorithmic portfolio allocation into a new asset class that has been institutionally de-risked through regulatory clarity and distribution infrastructure. The retail crypto adoption wave that DeFi maximalists predicted would come through self-custody and permissionless protocols is actually arriving through the most centralized, permissioned channel imaginable: your local bank branch. #CryptoAdoption #TradFi #BNPParibas #CryptoETN #MiCA #RWATokenization