One in three Britons would consider investing in crypto through exchange traded products when the Financial Conduct Authority lifts its ban on the products on Wednesday, according to research.
The UK’s crypto market could grow as much as 20 per cent on the back of the launch of exchange traded products that allow investors to hold it in a regulated way, investing platform IG claims.
The FCA will lift its ban on crypto exchange traded notes, or ETNs, from Wednesday, allowing investors to gain access to digital currencies via products that are traded on stock exchanges and track the price of the asset without investors holding it directly.
ETNs are similar to more common ETFs, in that they are stock market-listed and pool investors’ money to…
