Starting October 8, 2025, the UK's FCA will allow retail investors to trade crypto exchange-traded notes (ETNs), aligning with trends in other countries.
Permission for Crypto ETN Trading
The FCA of the UK announced a significant policy change, enabling retail investors to engage in crypto ETN trading from October 8, 2025. These products must be listed on FCA-approved exchanges and comply with regulated financial promotion guidelines.
Potential Risks and Opportunities
Despite expanding access to cryptocurrency investments, these products will not be covered by the Financial Services Compensation Scheme (FSCS). This means investors must manage the risks associated with the volatile nature of crypto markets independently. ETNs involving major cryptocurrencies such as Bitcoin and Ethereum are expected to dominate the UK market.
Bitcoin Market and Its Influence
Bitcoin continues to exert significant influence over the cryptocurrency market. Currently, the price of Bitcoin is $113,780.51. According to CoinMarketCap, its market cap is $2.26 trillion, with a trading volume of $82.79 billion over the past 24 hours.
The FCA's decision is expected to open new opportunities for cryptocurrency investors in the UK and reflects global trends towards regulatory acceptance of crypto products.
