UK to Lift Ban on Crypto ETNs for Retail Investors

The UK is set to revolutionize cryptocurrency access for retail investors by lifting its ban on crypto Exchange-Traded Notes (ETNs) on October 8, 2025. This landmark regulatory shift will enable ordinary investors to gain exposure to Bitcoin, Ethereum, and other digital assets through traditional investment platforms.

Kourosh Khanloo, director of corporate strategy at Jefferies-owned Tradu, highlights this development as a pivotal moment for cryptocurrency adoption in Britain. The policy reversal positions the UK to compete with European markets, where crypto ETNs have already gained significant traction among retail investors.

This regulatory change could trigger substantial capital inflows into the cryptocurrency market, potentially driving Bitcoin and altcoin prices higher. The decision reflects growing institutional acceptance of blockchain technology and digital assets as legitimate investment vehicles.

For retail investors, crypto ETNs offer a regulated pathway to cryptocurrency exposure without the complexity of managing digital wallets or private keys. This development signals the UK's commitment to embracing DeFi innovation while maintaining investor protection standards. The policy shift may accelerate mainstream cryptocurrency adoption and establish London as a major digital asset hub.