Tuesday , 18 February 2025
Home Cryptocurrency Bitcoin and Ethereum (ETNs) begin trading on the London Stock Exchange
CryptocurrencyForex

Bitcoin and Ethereum (ETNs) begin trading on the London Stock Exchange

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.

More detail here

ETH/USD update:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Japan manufacturing sentiment improves second consecutive month, services sector stable

Japan’s manufacturing sector showed signs of steady recovery in February, with sentiment...

Bank of America Survey: Trade war fears rise as US equities remain overvalued

Investor concerns over a potential global trade war are escalating, with 42%...

JP Morgan on Trump’s social media activity showing diminished market-moving influence

Analysts at JP Morgan say that Trump’s social media activity has significantly...

Trump said he may not let Venezuela export oil, petroleum products, via firms like Chevron

Trump said he may not let Venezuela export oil and petroleum products...