Many financial and crypto media have been reporting the UK FCA U-turn for Bitcoin ETN/ETPs.
We've written about it (see provided link).
https://www.linkedin.com/pulse/bitcoin-etns-return-uk-what-retail-investors-need-9vuie/
It's worth noting that only instruments that are backed by physical bitcoin and listed on LSE will be allowed.
Although BTC instruments have been permitted by the FCA since 8 October, each issuer still needs to complete final approvals and have their ETNs admitted to trading on the London Stock Exchange. This means that most ETNs are not immediately available.
Some platforms that we are aware of:
AJ Bell
IG
Trading 212
HL (although they're stupid!)
In terms of ETNs/ETPs, we've looked into what's available and listed some below:
• Bitwise Physical Bitcoin ETC GBP (LSE:BTCE)
• Coinshares Physical Bitcoin (BTC) GBP (LSE:BITP)
• Wisdomtree Physical Bitcoin GBP (LSE:WXBT)
• 21Shares Bitcoin ETP GBP (LSE:ABTC)
• Fidelity Physical Bitcoin ETP GBP (LSE:FBTG)
• Invesco Physical Bitcoin ETN GBP (LSE:BTIP)
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