Deutsche Bank will allow institutional clients in Germany to custody Bitcoin and Ether within weeks, with expansion to Asia set for 2027, according to Gerald Podobnik, co-head of its corporate bank. The service, announced October 16, 2026, will also include the USD Coin and EURC stablecoins and is aimed at institutions and corporations rather than individuals. The bank has not disclosed fees, committed client assets or revenue targets. BNY began Bitcoin and Ether custody in October 2022, and U.S. Bancorp resumed in September 2025. The article argues custody adds access but not new buyers, as Bitcoin fell 23.4% and Ether fell 36.9% over the past year.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Deutsche Bank Is Weeks From Holding Bitcoin and Ethereum for Clients . Could Other Big Banks Follow ?
Read the original on aol.com ↗
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Deutsche BankbitcoinEthereumbanks
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Related tickers and likely impact
BTC/USDT
▲ Likely positiveBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/16/2026 | 81,615.64 |
| Change that session | -0.77% |
ETH/USDT
▲ Likely positiveEthereum
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/16/2026 | 2,423.54 |
| Change that session | -0.76% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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