London Stock Exchange to start accepting bitcoin, ether ETN applications in Q2 | Headlines | News | CoinMarketCap
03/11/2024 16:01
The London Stock Exchange announced on Monday that it will start accepting applications for the admission of bitcoin and ether crypto exchange-traded …
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Published on March 11, 2024 08:50 GMT+00:00edited on March 11, 2024 08:54 GMT+00:00
The London Stock Exchange announced on Monday that it will start accepting applications for the admission of bitcoin and ether crypto exchange-traded notes (ETNs) in the second quarter of this year.
The LSE said in the statement that it will take applications following a factsheet it previously published. “The exact launch date will be confirmed in due course,” the LSE said.
“In order to mitigate the risk of delay in the admission timetable, the Exchange encourages early engagement from prospective issuers interested in admitting Crypto ETNs to trading on the Exchange,” the LSE added in the admission factsheet. The crypto ETNs would only be available for professional investors, according to the factsheet.
This comes as UK’s Financial Conduct Authority (FCA) stated that it will not …