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BitDegree 2024-03-26 09:57:07

Crypto ETNs to Debut on the London Stock Exchange in May

Key Takeaways The London Stock Exchange announces the introduction of Bitcoin and Ether exchange-traded notes, set to launch on May 28. These ETNs will be available exclusively to professional investors, adhering to strict requirements set by the Financial Conduct Authority, including physical backing and secure storage of underlying assets. The initiative reflects a broader movement towards incorporating digital assets into regulated financial markets, with a focus on enhancing investor protection and market integrity.

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