The UK Financial Conduct Authority (FCA) has removed its ban on cryptoasset exchange-traded notes (cETNs), paving the way for retail investors to trade these products starting October 8th. This marks a significant shift, aligning the UK’s regulatory landscape with those of leading global financial centers like the U.S., Hong Kong, and Australia. Previously restricted to institutional investors, the FCA now allows 17 cETNs from issuers such as WisdomTree and Fidelity to be traded on recognized UK exchanges, under strict regulations. These debt instruments function similarly to bonds, tracking crypto asset performance without direct ownership. Despite offering retail access, they’re outside the Financial Services Compensation Scheme (FSCS), meaning investors bear full market risk. The move is anticipated to boost liquidity and adoption as younger investors seeking exposure to digital assets are now able to participate.