France’s largest lender BNP Paribas is bringing six new crypto exchange-traded notes (ETNs) tied to Bitcoin and Ethereum to its exchange platform in France, starting tomorrow March 30, according to a recent announcement.

Exchange-traded notes (ETNs) are tradeable debt products that give investors exposure to the underlying markets through index tracking. They provide liquid and diversified exposure without direct ownership, though investors face issuer credit risk and potential market losses.

Offered under MiFID II, which is designed to boost transparency standardize market operations, and protect investors, the ETNs let millions of individual investors and private banking clients get indirect exposure to crypto…