CryptocurrencyForex
globalreutersMay 28, 20241 Mins read
Bitcoin and Ethereum (ETNs) begin trading on the London Stock Exchange
globalreutersMay 28, 20241 Mins read Cryptocurrency products from three companies listed on the London Stock Exchange on Tuesday:
- the first UK cryptocurrency exchange traded notes (ETNs)
- only ETNs that track bitcoin and ethereum are allowed on the exchange
- instruments only available to professional investors
ETNs are similar to exchange-traded funds (ETFs) but rely on unsecured debt securities issued by a bank, meaning that they do not directly hold the assets they track.
ETH/USD update:
This article was written by Eamonn Sheridan at www.forexlive.com.
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