The UK Financial Conduct Authority (FCA) has removed the four-year ban on retail investors buying crypto exchange-traded notes (ETNs), allowing access to Bitcoin and Ethereum through approved exchanges like the London Stock Exchange starting October 8, 2025. This decision signifies a significant step toward a more mature crypto market in the UK. The FCA expects this move to boost the UK’s crypto market by up to 20%. IG Group, a financial services company, is poised to facilitate these ETNs, adding liquidity to the regulated market. New tax treatment for crypto ETNs will apply within registered pension schemes and Stocks & Shares ISAs. This reflects growing government support for the cryptocurrency sector as established investment vehicles gain access.