Bitcoin and Ethereum enter the London Stock Exchange

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11 Mar 2024
22

The London Stock Exchange announced that it will accept applications for Bitcoin and Ethereum crypto ETNs in the second quarter of 2024. In the statement made by the London Stock Exchange, it was stated that applications for Bitcoin and Ethereum ETNs will be accepted.

Admission requirements of the London Stock Exchange According to the information note published by the LSE, the conditions required for acceptance in crypto ETNs, which will be open only to professional investors, will be as follows: "The proposed crypto ETNs must be physically supported, the underlying asset must have a reliable and generally accepted


What is ETN? ETNs are debt instruments that offer exposure to the underlying assets. Crypto ETNs allow investors to trade securities that track crypto assets on the exchange during London trading hours. The fact that ETN applications will be accepted after the acceptance of Spot Bitcoin ETFs is seen as a very critical development for cryptocurrency investors. After this news, the leading cryptocurrency

After this news, the leading cryptocurrency Bitcoin is priced at 72 thousand dollars and Ethereum is priced above 4 thousand dollars.

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