Fidelity Launches Bitcoin ETP on London Stock Exchange
31.07.2024 15:28 1 min. read Alexander Stefanov
Fidelity International has made headlines by launching its Physical Bitcoin Exchange Traded Product (ETP) on the London Stock Exchange.
This move has attracted significant attention from institutional investors and sparked renewed interest in cryptocurrency investments.
The launch of this Bitcoin ETP comes in the wake of the Financial Conduct Authority’s (FCA) recent approval of crypto-backed ETNs for professional investors.
This regulatory shift has enabled firms like Fidelity, along with WisdomTree and Global X, to bring innovative digital asset offerings to the UK.
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