Crypto-linked securities holdings in the Netherlands have reached €1.2 billion by October 2025, according to De Nederlandsche Bank (DNB). This marks a significant increase from €81 million at the end of 2020, driven primarily by price gains in underlying digital assets. Despite this growth, crypto securities still represent just 0.03% of the Dutch investment market, with exposure concentrated in a few foreign-issued securities. The central bank's report highlights that households hold the largest share of crypto ETFs and ETNs, valued at €182 million and €213 million, respectively. Pension funds are the biggest holders of crypto treasury shares, with positions worth €287 million. The report also notes that seven securities, including four ETFs, one ETN, and two crypto treasury shares, account for about 70% of the total Dutch indirect crypto exposure, all issued by foreign entities. In related news, Dutch crypto firm Amdax raised €30 million to launch the Amsterdam Bitcoin Treasury Strategy, aiming to accumulate up to 1% of the total Bitcoin supply. This initiative seeks to provide investors with direct exposure to Bitcoin as a distinct asset class.