Financial giants such as CoinShares, WisdomTree and ETC Group are looking to list on the London Stock Exchange (LSE) as the UK looks to relax listing requirements for crypto ETP products.
The UK FCA’s deregulation marks a clear shift, but there is also criticism from the industry as it still prohibits retail investors from accessing the London Stock Exchange’s crypto ETP products. Bradley Duke, chief strategist at ETC Group, Europe's largest cryptocurrency fund, stressed preparations to launch products on the exchange, but also expressed hope that the ban on retail investors will be lifted in the near future. (FT)
According to previous news, the London Stock Exchange confirmed that it will accept applications for Bitcoin (BTC) and Ethereum (ETH) ETNs in the second quarter of this year. For specific details, please refer to the crypto ETN fact sheet on the exchange website. The specific launch date is also This will be confirmed in due course.