UK Startup Stratiphy Introduces Crypto ETNs and Innovative Financial ISA

UK startup Stratiphy is set to offer cryptocurrency exchange-traded notes (ETNs) alongside an innovative financial ISA (IF ISA), allowing investors to hold crypto assets within tax-free accounts. According to Foresight News, Stratiphy will provide three ETNs issued by 21Shares, Europe's largest crypto ETP issuer, tracking Bitcoin, Ethereum, and a Bitcoin-Gold combination product. The platform currently manages approximately £4 million in assets, serving around 2,000 clients. In October last year, the UK's Financial Conduct Authority lifted a four-year ban on retail investors purchasing exchange-traded notes (ETNs).