The UK's Financial Conduct Authority (FCA) has announced that British retail investors can purchase cryptocurrency exchange-traded notes (cETNs) from October 8, 2025, marking the end of a four-year ban.
FCA's Announcement on Crypto ETNs
FCA has confirmed that starting from October 8, 2025, British retail investors will be enabled to acquire cryptocurrency exchange-traded notes. This decision is made in light of the evolving market and increased understanding of cryptocurrency technologies.
Regulatory Impact and Crypto Market
The FCA's decision reflects the maturation of the cryptocurrency market and may enhance investor confidence. This could lead to increased liquidity in the UK's cryptocurrency markets and a broader range of options for investors, with appropriate safeguards in place.
Forecasts and Possible Consequences
Experts expect that this decision will not only increase activity in markets for Bitcoin and Ethereum but also have implications for potential boosts in liquidity for UK-listed cETNs. A changing regulatory climate may foster diversification in financial products and improve cryptocurrency adoption in broader markets.
As October 2025 approaches, the continued evolution of the cryptocurrency market in the UK and its influence on international norms suggest that FCA is completing a new phase in the regulation of digital assets.