France adjusts cryptocurrency ETN retail regulations, ushering in new changes for the European market

ChainCatcher news: The French Financial Markets Authority (AMF) has recently adjusted its policies to allow the retail sale of crypto index ETNs and to remove warning label requirements for eligible products. This move aligns with regional regulatory changes, such as the UK lifting its retail crypto ETN ban in October 2025 and Nordic bank Nordea’s plan to offer Bitcoin ETPs in December. Data shows that CoinShares holds a 32% share of assets under management in the European crypto ETP market, with its physical platform seeing net inflows of $1 billion year-to-date. The European crypto ETN market has recorded €2.5 billion in inflows this year. These regulatory adjustments expand the potential market coverage, including 14 million active retail investors in the UK, nearly a quarter of French adults holding financial investments, and 9 million private clients in the Nordic region.