Overview

• Everyday investors will be able to buy crypto exchange-traded notes listed on recognised UK exchanges starting Wednesday.
• 21Shares, WisdomTree and VanEck are preparing London offerings, with BlackRock and Bitwise reported to be exploring or expected to pursue listings.
• 21Shares says it is ready for UK retail and has a distribution partnership with digital wealth platform Stratiphy.
• Survey data point to strong demand, with about 50% of 18–24-year-olds and 30% of UK adults saying they would consider crypto ETNs, including for potential ISA and SIPP use.
• The FCA emphasized that ETFs marketed to UK retail investors cannot invest directly in crypto under current fund rules, which must be updated before any cryptoasset ETFs are available to the public.