CoinShares, WisdomTree and ETC Group seek to list crypto ETP products on London Stock Exchange

As the UK intends to relax the listing requirements for encrypted ETP products, financial giants such as CoinShares, WisdomTree and ETC Group are seeking to list on the London Stock Exchange (LSE). The relaxation of regulatory requirements by the UK FCA marks a clear shift, but there are also criticisms in the industry as it still prohibits retail investors from accessing encrypted ETP products on the London Stock Exchange. Bradley Duke, Chief Strategist of ETC Group, Europe's largest cryptocurrency fund, emphasized that he is preparing to launch products on the exchange, but also hopes to lift the ban on retail investors in the near future. Earlier news confirmed that the London Stock Exchange will accept applications for Bitcoin (BTC) and Ethereum (ETH) ETNs in the second quarter of this year. For specific details, please refer to the introduction of encrypted ETNs on the exchange website, and the specific launch date will be confirmed at an appropriate time.