🔥 London Stock Exchange will launch trading #Bitcoin & #Ethereum #ETN on May 28

ETN is Exchange-Traded Notes, which operates almost the same as #ETF but is legally distinct. Simply put, when you invest in an ETF, you are investing in a fund that buys and holds assets, and you own a portion of those assets through your purchase of the ETF.

An ETN is more like a bond, where you deposit money and they use it to buy assets, while recording that they owe you a corresponding amount and that debt increases as the asset they buy increases in price .

When you sell ETN it means you collect debt, when you sell #spot ETF it means you want to sell your assets.