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As Bitcoin Hits Record High, UK Investors Gain Access to Crypto ETNs
UK retail investors will be able to invest in cryptocurrency exchange-traded notes from today after the financial regulator lifted a four-year ban on the sale and distribution of these products. The move coincides with the price of bitcoin hitting a new all-time high on Oct. 6 as well as record European demand for crypto exchange-traded products in the third quarter of 2025. In January 2021 the UK’s Financial Conduct Authority imposed a ban on the sale of crypto ETNs, citing concerns over poor investor understanding of cryptoassets, price volatility and opaque valuation methods. “The Financial Conduct Authority ... (full story)
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