UK FCA to Lift Retail Ban on Crypto ETNs

The UK Financial Conduct Authority (FCA) will allow retail investors to purchase crypto exchange-traded notes (ETNs) starting next week, ending a ban in place since 2019, according to Foresight News.

Details:

Only ETNs listed on FCA-approved local exchanges are eligible.

Crypto ETFs and derivatives remain off-limits for retail investors.

ETNs are debt securities linked to crypto assets, not backed by physical assets.

💡Why It Matters:

This marks a major step for UK retail crypto access, opening opportunities for investors to gain regulated exposure to digital assets via ETNs, while still maintaining safeguards on higher-risk instruments like ETFs and derivatives.