The UK Welcomes Crypto ETNs: Good News or Bad News for Investors?
The UK is entering a new chapter in its crypto journey with the FCA’s recent green light for CoinShares to launch Bitcoin and Ethereum exchange-traded notes (ETNs). This opens the floodgates for retail investors to step into the crypto market, but it also triggers an intense competition among ETN providers that could lead to slashed fees across the board. How will this impact you as an investor? Let’s take a closer look.
What Does FCA Approval Mean?
On October 31, 2025, the FCA approved CoinShares Digital Securities’ prospectus for its Physical Staked Ethereum (ETHE) and Physical Bitcoin (BTC) ETNs. This marks a significant shift in the UK’s regulatory landscape. Retail investors can now buy these products on regulated exchanges like…
