Structured Product Issuance on Digital Assets Continues to Grow

Banks and specialised issuers report continued growth in structured product issuance referencing digital assets, particularly Bitcoin, Ether and increasingly Solana. Products range from principal-protected notes to yield-enhancement structures that embed short options on the underlying.

Distribution has been concentrated in Switzerland, Germany and parts of Asia, where retail-facing structured product markets are well established. UK and US distribution remains limited by regulatory constraints, though qualified purchaser channels have grown.

Prime brokers cite the growth as one of the more consistent institutional revenue lines in the sector.