Crypto News

What are ETNs? ETNs, or exchange-traded notes, are a type of unsecured, unsubordinated debt security that tracks an underlying asset, in this case, cryptocurrencies. ETNs allow investors to gain exposure to the price movements of the underlying asset without actually owning it. Why is this significant? The fact that the London Stock Exchange, one of the largest and most reputable stock exchanges in the world, has begun trading Bitcoin and Ethereum ETNs is a major milestone for the cryptocurrency industry. It shows that these digital assets are gaining mainstream recognition and acceptance as legitimate investment options. This also opens up the door for more traditional investors to enter the crypto market through a familiar avenue such as the stock exchange. What does this mean for Bitcoin and Ethereum? The addition of Bitcoin and Ethereum ETNs to the London Stock Exchange means that there is now more exposure and liquidity for these cryptocurrencies. This could potential...