#CryptoFees101 #FeeSwitchImpact
⚡️ Eric Balchunas sees limited impact of cryptocurrency ETFs in the UK.
The Financial Conduct Authority (FCA) in the UK has proposed lifting the ban on crypto ETNs for retail investors.
✅ Bloomberg analyst Eric Balchunas expressed doubts that this move will significantly boost interest, pointing to the declining popularity of cryptocurrency ETFs in Europe.
He noted high fees and limited investor awareness as major barriers.