Amundi disclosed a series of initiatives including a Bitcoin exchange-traded product (ETP), a web-based pension advisory platform for Italian savers and participation in a multi-billion-euro blended finance fund targeting environmental projects.

Europe’s largest asset manager Amundi has launched Amundi Bitcoin ETP, which provides exposure to Bitcoin  through a listed instrument while avoiding the operational issues associated with direct holding of crypto assets. The product is fully backed by Bitcoin The ETP has been trading on Euronext Paris on 24 April, while admission to trading on Deutsche Börse Xetra is expected to take place on or around 26 May. The product is fully backed by Bitcoin, with the underlying asse