As Bitcoin Hits Record High, UK Investors Gain Access to Crypto ETNs
Key Takeaways
- Four-year ban on cryptocurrency exchange-traded notes lifted for UK retail investors.
- Latest data shows net inflows of EUR 972 million in Q3, a new quarterly high.
- Decision on holding crypto ETNs in ISAs expected by year-end.
UK retail investors will be able to invest in cryptocurrency exchange-traded notes from today after the financial regulator lifted a four-year ban on the sale and distribution of these products.
The move coincides with the price of bitcoin hitting a new all-time high on Oct. 6 as well as record European demand for crypto exchange-traded products in the third quarter of 2025.
In January 2021 the UK’s Financial Conduct Authority imposed a ban on the sale of crypto ETNs, citing concerns over poor investor…