UK FCA Removes Retail Crypto ETN Ban by 2025

The UK Financial Conduct Authority (FCA) is lifting its ban on retail access to crypto exchange-traded notes (ETNs). Starting October 8, 2025, investors will be able to trade Bitcoin and Ethereum ETNs through platforms listed on the London Stock Exchange and Cboe UK. This regulatory change is expected to boost institutional investment in cryptocurrencies while potentially attracting retail investors seeking diversified investment opportunities.