Bitwise CEO Hunter Horsley, in a recent update shared on X, announced significant progress among major Spanish banks in the development of regulatory and operational frameworks aimed at facilitating the offering of cryptocurrency Exchange-Traded Products (ETPs). Industry insider Luis Berruga confirmed that these banks are not merely exploring this space; they are taking decisive steps to ensure that their platforms can adequately support the burgeoning interest in digital currencies.

MyInvestor, a well-known platform, has already initiated the implementation of these comprehensive frameworks. This pivotal move signals a broader trend that is expected to unfold across Europe, with the adoption of cryptocurrency ETPs likely to gain momentum in the upcoming months. As traditional financial institutions begin to embrace innovative financial products, investors can anticipate a more diversified investment landscape that includes robust options in the cryptocurrency market..