UniCredit is offering a new five-year, dollar-based certificate tied to a BlackRock ETF that guarantees 100% capital return at maturity.
The certificate limits upside gains to 85% of the ETF’s performance, targeting institutional investors in Italy looking for exposure to crypto without risking their principal.
The product is available in Italy from July 1 to July 28 with a minimum investment of $25,000 and addresses the growing demand for risk-managed crypto-linked instruments.
European banks like UniCredit and Intesa Sanpaolo are expanding their digital asset strategies, following the success of BlackRock’s IBIT Bitcoin ETF.