(Alliance News) – Italian banks are beginning to open up to digital assets, primarily targeting professional investors, according to a report in Wednesday’s edition of Il Sole 24 Ore.
UniCredit has introduced a new five-year investment certificate, denominated in US dollars, with 100% capital protection at maturity and linked to the iShares Bitcoin Trust ETF. The product offers linear participation in the ETF’s performance, but with a maximum return capped at 85%.
The offering is reserved for experienced clients with a high level of financial expertise, and requires a minimum investment of USD 25,000, the newspaper explains.
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