By Hannah Parker
The London Stock Exchange (LSE) has decided to accept applications for the introduction of Bitcoin and Ethereum Exchange Traded Notes (ETNs), which is a ground-breaking move for the financial industry.
This action, which is slated to start in the second quarter of 2024, is consistent with the Financial Conduct Authority’s (FCA) revised position on cryptocurrencies.
A significant turning point towards the institutionalisation and adoption of digital assets in conventional financial markets is the introduction of crypto ETNs. [Read more…] about Navigating New Frontiers: LSE Embraces Cryptocurrency with Bitcoin and Ethereum ETNs