The London Stock Exchange will list Bitcoin Exchange-Traded Notes (ETNs) starting May 28, 2024, signaling a policy shift in the UK. Despite this move, retail investors are still excluded, raising questions about the Financial Conduct Authority's (FCA) stance. The decision comes amidst comparisons with the US and Hong Kong's regulatory approaches to Bitcoin investments.
The FT are asking if bitcoin should join conventional asset portfolios. With the US offering regulated bitcoin products and the UK still on the fence, should UK regulation evolve? Share your views at [email protected]. 👇 https://t.co/8Y6PrIfAn7
Is Bitcoin worth a place in your portfolio? Financial Times asks in this article: https://t.co/V8XwWK4wtE It is open for comments, so tell them...politely, of course. 😅
Clear summary here from @DecentraSuze of where we are in the UK. A slight thawing in the frosty hostility of @TheFCA, following the successful #Bitcoin ETF launches in the US and the ongoing applications in HK. Listing in the UK has become unattractive - can we fix it? https://t.co/vbpClU7AiP
The London Stock Exchange accepting Bitcoin ETNs marks a shift, but also highlights past investor harm from regulatory caution. My latest piece in @Forbes featuring @TheFCA @RishiSunak @LSEplc @BitcoinPolicyUK @ForbesCrypto #Bitcoin https://t.co/kEI5NJj2jD
From 28 May 2024, the London Stock Exchange will list Bitcoin ETNs, indicating a UK policy shift. Yet, retail investors remain barred. Why does the @TheFCA continue this exclusion? @LSEplc #Bitcoin https://t.co/pRTxKWHYhO