Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BITCOIN NEWS»Bitcoin ETP Receives Approval for Listing on the London Stock Exchange
BITCOIN NEWS

Bitcoin ETP Receives Approval for Listing on the London Stock Exchange

By Crypto FlexsMay 22, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin ETP Receives Approval for Listing on the London Stock Exchange
Share
Facebook Twitter LinkedIn Pinterest Email

The UK’s Financial Conduct Authority (FCA) has approved asset manager WisdomTree to list its Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE).

BREAKING NEWS: 🇬🇧 Approved by the Financial Conduct Authority. #Bitcoin ETP to be listed on the London Stock Exchange.

Gradually and then suddenly 🚀 pic.twitter.com/hMjN24qRMl

— Bitcoin Magazine (@BitcoinMagazine) May 22, 2024

The FCA has approved WisdomTree’s physical Bitcoin ETP to begin trading on May 28. The $111 billion AUM company will initially offer its products only to professional investors.

The move follows the FCA’s announcement in March that it would no longer object to the listing of Bitcoin ETPs for professional investors. This also follows the approval of Bitcoin spot ETFs in the US and Hong Kong earlier this year.

WisdomTree claimed to be one of the first companies to have a Bitcoin ETP prospectus approved by the Financial Conduct Authority, which has traditionally been wary of Bitcoin. This represents a change in the regulator’s stance after banning such services in 2020.

However, as major markets such as the US and Hong Kong began regulating Bitcoin funds, the FCA softened its stance. However, the ban on individual investors is planned to remain in place.

This reversal reflects the steady increase in Bitcoin ETF adoption even among traditional institutions. Recent SEC 13F filings show that major banks and financial giants have purchased a significant portion of U.S. spot Bitcoin ETFs.

WisdomTree plans to charge an expense ratio of 0.35% for Bitcoin ETPs listed on the LSE. The company already offers Bitcoin ETPs on European exchanges and operates a Bitcoin ETF in the United States.

Some believe FCA approval could spur greater institutional adoption by removing regulatory uncertainty and barriers to Bitcoin for UK investors. UK regulators have given the green light to WisdomTree’s landmark Bitcoin ETP, further proving that Bitcoin is here to stay.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sequans starts $ 384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership.

June 23, 2025

ECB Chairman Lagarde aims to seize the global order to strengthen the Euro’s global position.

June 17, 2025

Bitcoin aims for $ 115K after US CPI data prefers investors.

June 11, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

HarryPotterObamaSonic10Inu Price Prediction: BITCOIN Is Up 25% But Investors Are Flocking Into This 2.0 Meme Coin With 100X Performance.

January 3, 2024

Snowden Tracks Bitcoin Developer, Elon Musk and Puppy Killer in X Flurry

May 3, 2024

Upward momentum builds after pullback

September 23, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.