The FCA is proposing to allow UK UCITS and most non-UCITS retail schemes to hold crypto exchange-traded notes (ETNs) up to 10% of scheme property. Direct crypto holdings remain excluded, and fund managers will be responsible for due diligence and disclosure.
The UK Financial Conduct Authority (FCA) is proposing a rule allowing UCITS and most non-UCITS retail schemes to hold crypto exchange-traded notes (ETNs) up to 10% of scheme property. This move aims to integrate crypto exposure into regulated fund structures, offering a capped route for diversified portfolios while direct crypto holdings remain excluded.
South Korea is expediting regulatory changes to allow foreign investors to directly trade Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs), in addition to existing stock trading. This move aims to attract foreign capital and stabilize exchange rates, with implementation expected in the latter half of the year after tax issues are resolved.
Stratiphy has launched a new offering providing UK investors with a tax-free route back into crypto exchange-traded notes (ETNs) after regulatory shifts effectively shut them out. The Financial Conduct Authority lifted its four-year ban on retail access to crypto ETNs in October 2025, but HMRC later ruled that new purchases would only qualify for Innovative Finance ISAs, a niche product no platform offered. Stratiphy now offers three 21Shares ETNs covering Bitcoin, Ether and a Bitcoin-gold blend.
