London Stock Exchange to Launch Bitcoin and Ethereum ETNs on May 28th-min
Press Release

London Stock Exchange to Launch Bitcoin and Ethereum ETNs on May 28th

Tokenization strategies, on-chain settlements, permissioned blockchain networks are recommended for firms.

The London Stock Exchange announced its plans to introduce a market for bitcoin (BTC) and ether (ETH) exchange-traded notes (ETNs) on May 28, integrating cryptocurrencies into traditional financial markets.

UK’s regulatory landscape

The FCA’s decision to facilitate Recognized Investment Exchanges (RIEs) in creating a listed market segment for ETNs, accessible exclusively to professional investors, reflects efforts to enhance the country’s crypto-friendly regulatory environment.

Push to make the UK a crypto hub

The move aligns with recent announcements from the U.K. government aimed at positioning the country as a leading crypto hub, demonstrating a proactive approach to embracing digital assets and fostering innovation within the financial sector.

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London Stock Exchange To Launch Bitcoin And Ethereum ETNs On May 28th

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