Connect with us


London Stock Exchange is Paving the Way for Bitcoin and Ethereum ETNs

The LSE’s acceptance of Bitcoin and Ethereum ETN applications signals growing legitimacy for cryptocurrencies, offering institutional investors a regulated platform and easing barriers for digital asset management. This fosters trust, potentially promoting broader cryptocurrency adoption in the global financial system.




The London Stock Exchange (LSE), one of the oldest and most reputable stock exchange platforms in the world, recently took a significant step towards the cryptocurrency market. From the second quarter of this year, the LSE will accept applications to trade exchange-traded notes (ETNs) tracking Bitcoin and Ethereum.

This announcement marks an important milestone in the integration of cryptocurrencies into the traditional financial system and signals the growing interest and trust in digital assets.

Read more about ETNs and why the London Stock Exchange will soon accept them, and find the latest business news of the day with our companion app Born2Invest.

What are ETNs?

ETNs are debt securities that allow investors to invest in various assets without having to own them directly. The ETNs, which track Bitcoin and Ethereum, will allow investors to invest in the performance of these leading cryptocurrencies by trading securities that track their performance on the LSE. This provides a new level of accessibility and exposure to cryptocurrencies for professional investors.

The meaning of the announcement

The LSE’s decision to accept applications for Bitcoin and Ethereum ETNs highlights the increasing acceptance and legitimacy of cryptocurrencies. By providing institutional and professional investors a regulated platform to invest in cryptocurrencies, the LSE reduces the hurdles associated with directly purchasing and managing digital assets. Furthermore, this development strengthens trust in cryptocurrencies and could lead to wider adoption and integration into the global financial system.

Early engagement is recommended

The LSE encourages interested issuers to engage early to avoid potential delays in the approval process. This suggests that there is already significant interest in issuing crypto ETNs and that the LSE is acting proactively to facilitate the process. The exact launch dates for these ETNs are yet to be announced, further increasing the excitement and interest in this new opportunity.

The role of the FCA

The announcement follows the statement from the UK’s Financial Conduct Authority (FCA), which suggested it would not oppose proposals from recognized exchanges to create a listed market segment for cryptocurrency-backed ETNs. This shows a progressive attitude of regulators towards cryptocurrencies and their integration into official financial markets.

A look at the future

The LSE’s move comes at a time when the popularity of cryptocurrencies and demand for regulated investment products that reflect them are increasing globally. The introduction of Bitcoin and Ethereum ETNs on an exchange as established as the LSE could encourage more exchanges to offer similar products and pave the way for wider acceptance and integration of cryptocurrencies into the traditional financial ecosystem.

Overall, the London Stock Exchange’s announcement shows that the traditional financial system and the world of cryptocurrencies are increasingly merging. This could be of great importance not only for professional investors but also for the entire crypto industry as it opens the door to new opportunities and growth.


(Featured image by Lorenzo Spoleti via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in BLOCK-BUILDERS.DE. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us

Sharon Harris is a feminist and a part-time nomad. She reports about businesses primarily involved in tech, CBD, and crypto. She started her career as a product manager at a Silicon Valley startup but now enjoys a new life as a personal finance geek and writer. Her primary aim is to provide readers with a new perspective on the overlapping world of finance and technology.