US EditionBitcoin, Ethereum Bounce 2% As UK Lifts Crypto ETF Ban
The Financial Conduct Authority lifted its ban, enabling retail investors regulated access to Bitcoin and Ethereum ETPs with fees cut by BlackRock to attract investors.
- On Monday, BlackRock debuted a bitcoin ETP on the London Stock Exchange, joining 21Shares, WisdomTree and Bitwise after the FCA ended a retail ban imposed in 2021.
- The Financial Conduct Authority lifted a four‑year retail ban imposed in 2021, allowing investors access to crypto ETPs through regulated brokerage accounts and ISAs and SIPPs, leveling the playing field with Europe.
- Bitwise listed four ETPs on the LSE, with two tracking bitcoin and two tracking ether, while Switzerland-based 21Shares introduced four ETNs including staking products and lower-fee Core offerings.
- Market moves show early retail inflows into the newly approved ETPs as Bitcoin rebounded near $110,600 and Ethereum traded around $4,020 after bouncing from $3,800 support on Monday.
- The FCA's decision positions the U.K. closer to U.S. and European markets, where spot bitcoin and ethereum ETFs have driven record inflows, potentially attracting long-term institutional capital, said observers.
39 Articles
39 Articles
Bitcoin, Ethereum Bounce 2% As UK Lifts Crypto ETF Ban
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are up on Monday after the U.K.'s Financial Conduct Authority lifted its four-year retail ban on crypto exchange-traded notes, allowing 21Shares, Bitwise, and WisdomTree to open access to British investors. FCA Opens Doors To Retail Investors The move marks a milestone for U.K. digital asset regulation, expanding access to physically backed Bitcoin and Ethereum exchange-traded products (ETPs) beyo…
BlackRock Sells $100M in Bitcoin as CEO Hails Crypto
Key Insights: BlackRock clients sold $100.7 million in Bitcoin, Coinglass data shows. CEO Larry Fink says tokenization marks a shift in global finance. UK lifts crypto ban as BlackRock lists Bitcoin ETP on the London Stock Exchange. BlackRock clients have sold about $100.7 million in Bitcoin, according to Coinglass data. At the same time, CEO Larry Fink said on CNBC that crypto could change the financial system, calling it the start of a new er…
BlackRock Debuts Bitcoin ETF in London Following Regulatory Shift in the UK
BlackRock’s iShares Bitcoin ETF is now listed on the London Stock Exchange. The FCA lifted its ban on crypto ETNs on October 9, allowing listings on UK-approved exchanges. The UK is supporting blockchain-based fund tokenization to drive innovation in asset management. BlackRock has launched its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange, marking a significant development for crypto-linked investments in the UK. Th…
BlackRock Opens Bitcoin ETP To UK Retail Investors On London Stock Exchange » News.ng
BlackRock has expanded its crypto footprint to the United Kingdom, launching its first Bitcoin exchange-traded product (ETP) designed specifically for retail investors. The iShares Bitcoin ETP began trading on the London Stock Exchange on Monday, giving UK investors access to physically backed Bitcoin exposure through a regulated and institutionally managed vehicle. The product is fully collateralised with Bitcoin held in custody by Coinbase, wh…
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