ING allows investors to buy Bitcoin exposure through crypto ETNs (exchange-traded notes) in its securities account, not as actual coins. These ETNs track cryptocurrency prices but are debt securities, not direct ownership of crypto assets, meaning investors face issuer risk and ongoing product fees around 1% annually. The tax treatment depends on whether the ETN grants a delivery claim to the underlying coins, affecting whether gains are tax-exempt after one year. ING's offer includes about 50 ETNs from five issuers, with zero order fees during promotions but ongoing costs and risks that investors should carefully consider before buying.
ING and Bitcoin ETNs provide a way to gain crypto exposure through debt securities rather than direct coin ownership. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 11, 2026 01:02 WIB: out of 50 major cryptocurrencies, 40 rose and 9 fell today. Notably, SXP dropped sharply by 46.27% to Rp37, contrasting with BAL which rose 11.14% to Rp16,297, and AXS increased 8.71% to Rp22,589 despite a 99% sell order activity on Pluang.
Nidec Corporation held a press conference to discuss its ongoing corporate reforms following a report by the Executive Responsibility Investigation Committee. Key executives, including the CEO and CFO, presented updates on internal management systems...
On November 1, Binance's Bitcoin spot order book displayed $10.17 million in buy orders versus $6.89 million in sell orders, showing a net buy order surplus of about $3.28 million. This buy order depth on Binance was greater than Coinbase's, which al...
Troves, a decentralized finance platform on Starknet, suffered a loss of about 8.6 Bitcoin due to an exploit in its xWBTC/WBTC vault on October 31. The breach was linked to an outdated rebalancing contract that still had access after being replaced. ...
XRP traded 1.4% below its 200-day simple moving average on Oct. 30, shortly after Binance announced a $6.3 billion hot wallet hack on Oct. 29. At 8:57 p.m. ET on Oct. 30, XRP was priced at 1.260 USDT compared to its 200-day average of 1.278 USDT. Whi...
Ethereum's planned Glamsterdam upgrade, scheduled for October 26 on the Hoodi testnet, was halted due to concerns over how a key change proposal (EIP-8037) interacts with existing smart contracts. Developers have not set a new date for the testnet or...
