WisdomTree to List Bitcoin and Ethereum ETPs on London Stock Exchange on May 28
CryptoNewsTerminal Staff22 May, 2024
WisdomTree to List Bitcoin and Ethereum ETPs on London Stock Exchange on May 28
WisdomTree, an American asset manager, has announced that its WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW) ETPs will be listed on the London Stock Exchange (LSE) on May 28, 2023 (local time). WisdomTree is one of the issuers that received approval from the Financial Conduct Authority (FCA) for cryptocurrency ETPs. The FCA is the UK's financial regulatory authority. This listing will give investors in the UK access to physically backed Bitcoin and Ethereum ETPs. The ETPs will be traded in British pounds (GBP). The listing of these ETPs on the LSE is a significant step in the development of the cryptocurrency market in the UK. It will make it easier for investors to access and trade Bitcoin and Ethereum.
