Post by
Cobalt on Mar 11, 2024 1:30pm
Race to cover the planet in ETF now UK
The U.K.’s Financial Conduct Authority (FCA) said it will not object to requests from Recognised Investment Exchanges (RIEs) to build a listed market segment for crypto asset-backed exchange-traded notes (ETNs), the regulator said in a press release on Monday, a further sign of the increased institutionalization of cryptocurrency markets.
The London Stock Exchange confirmed that it will accept applications for bitcoin {{BTC}} and ether {{ETH}} ETNs in the second quarter of this year.
Comment by
BlueGuitar1 on Mar 11, 2024 10:28pm
Anyone here interested in putting cash on an ETH ETF? Such as Purpose's ETHH or ETHH.B? "Cobalt's" post got me interested. But besides, Purpose Investments product, I think we are still a few years away from a USA based ETH ETF? Thoughts?
Comment by
Cobalt on Mar 11, 2024 10:44pm
Nope not years we should hear something in months on a US ETH ETF
Comment by
BlueGuitar1 on Mar 11, 2024 10:48pm
Good to know, Cobalt. I think I will buy some ETHH too.