Bitcoin and Ethereum ETPs debut on London Stock Exchange after FCA nod
The ETPs will only be available to professional and institutional investors due to the ban on retail customers trading crypto derivatives.
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The ETPs will only be available to professional and institutional investors due to the ban on retail customers trading crypto derivatives.
The UK's Financial Conduct Authority approves WisdomTree to list the first Bitcoin and Ethereum exchange-traded products on the London Stock Exchange, signaling a shift in the regulator's stance.
Issuers proposing to establish a Bitcoin ETN on the Main Market in May will need to submit applications to the Exchange by April 15.
Bitcoin tops out price records again between major ETF inflows and new offerings in the UK. All signs point to increased financial acceptance worldwide.
In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial markets. LSE Announces Acceptance of Crypto ETNs The launch of bitcoin (BTC) and ethereum (ETH) ETNs on the LSE platform marks a [...]
The post London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications appeared first on Crypto Breaking News.
The proposed ETNs would be physically backed with the assets held in cold storage.
LSE readies for Bitcoin & Ethereum ETN listings in Q2 2024, aligning with FCA's updated crypto stance, signaling a landmark for regulated crypto investments. (Read More)
London Stock Exchange Group (LSEG) plans to buy U.S. cloud-based technology provider TORA for $325 million. The deal will add digital currency assets to its exchange to meet growing investor demand for diversified investment tools. (Read More)
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