Today May 28 is a special day for the Crypto sector in the UK when Bitcoin and Ethereum ETN funds start trading on the London Stock Exchange (LSE).
WisdomTree and Invesco Digital Markets are two companies that have listed ETF products on the London Stock Exchange.
Many other companies such as ETC Group, 21Shares and CoinShares have also applied to be listed.
ETNs are traded and settled like regular stocks and track the performance of Bitcoin or Ether, similar to Bitcoin Spot ETFs in the US. However, only professional investors can pour money into Bitcoin and Ethereum ETFs in the UK, because the country views Crypto as a risky field for retail investors.
In addition to the UK and US, there are 21 ETF funds operating in many countries around the world such as Canada, Germany, Switzerland, Hong Kong, Brazil,...
