The FCA’s consultation on allowing retail access to crypto exchange-traded notes (ETNs) is open through July 31, 2025

Event date

July 31, 2025

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The proposal is out for consultation until July. If approved, it would move the UK closer to standards in the EU and US.

The consultation remains open through July 31. If approved, the change would grant UK-based investors access to crypto ETNs under regulated conditions, a shift expected to reshape retail participation channels without overturning the FCA’s prohibition on derivatives.

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Week 31 of 2025