Bitcoin ETNs debut in London, paving way for UK to become Europe's crypto hub, says 21Shares | Future Focus from crypto market cap【ccb0 com】 lvs Watch Video

⏲ Duration: 5:16
👁 View: 65K times
✓ Published: 28-May-2024

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<p>On this episode of Yahoo Finance Future Focus, our host Brian McGleenon speaks with Alex Pollak, head of UK for 21Shares, about the current investor appetite for bitcoin exchange-traded funds in the US and Hong Kong, as well as the debut of bitcoin and ether exchange-traded notes (ETNs) on the London Stock Exchange (LSE).<br><br>Pollak said the listing of bitcoin and ether ETNs in London could mark a significant step towards establishing the UK as a leading crypto hub in Europe. He also discussed how the FCA's phased approach to opening the crypto market could transform the UK's financial landscape.<br><br>Despite the potential for developing the UK's digital asset market, Pollak notes that the new ETNs are currently accessible only to professional investors. He highlights that \