Bitcoin exchange-traded products (ETPs) from BlackRock and other firms have commenced trading in London following the Financial Conduct Authority’s (FCA) decision to end its ban. The FCA’s move allows for a new wave of cryptocurrency investment options in the UK market. BlackRock, among other asset managers, is now able to offer Bitcoin ETPs to investors, reflecting a growing acceptance of digital assets in traditional finance. This change may enhance the accessibility of Bitcoin investments for UK investors, as ETPs provide a regulated framework for trading. The introduction of these products marks a significant step in the evolution of cryptocurrency offerings in the UK.
