London Stock Exchange plans to launch Bitcoin and Ethereum ETNs for professional investors on 28 May.
London Stock Exchange plans to launch Bitcoin (BTC) and Ethereum (ETH) exchange-traded notes (ETNs) market on May 28, providing professional investors access to crypto ETNs. The LSE's announcement comes amid Bitcoin price reclaiming above $70,000 levels, driven by ETN-related news. Crypto ETNs will only be available to professional investors as per the U.K. FCA's ban on the sale of crypto derivatives and ETNs enacted in January 2021.
March 25, 2024
12 Articles