In brief
- UK institutional investors representing retail clients are poised to invest in crypto ETPs pending approval from the FCA, said WisdomTree.
- The firm’s Director of Digital Assets Research, Dovile Silenskyte, said that firms will move “within a matter of weeks” on FCA approval.
- Although WisdomTree has filed for an XRP ETF in the U.S., Silenskyte suggested that most crypto investors’ allocations would be in Bitcoin products, with a small number allocating to products containing a basket of digital assets.
UK institutional investors managing money on behalf of retail clients are preparing to pull the trigger on crypto exchange-traded products, according to asset manager WisdomTree.
Speaking at DigiAssets 2025, Dovile…