UK investors are now able to trade cryptocurrency products that track Bitcoin and Ethereum through the London Stock Exchange, as the UK narrows the gap with other financial leaders in digital assets.
Despite holding Bitcoin or Ethereum directly, these new crypto products are restricted to professional investors only, under the Financial Supervisory Authority's regulations.
Alex Pollack, head of 21 Shares, expects the UK to become a market for Europe's leading cryptocurrency ETFs within three years. The key to the country's success lies in allowing retail investors to trade these products.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
