The London Stock Exchange has announced that it will accept applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting from April 8, 2024. This decision follows the Exchange’s earlier notice on March 11, indicating its intention to allow the trading of Crypto ETNs in the second quarter of the year.
JUST IN: 🇬🇧 London Stock Exchange to launch market for #Bitcoin exchange traded notes on May 28. pic.twitter.com/hEStU4xUrc
— Bitcoin Magazine (@BitcoinMagazine) March 25, 2024
Subject to approval by the Financial Conduct Authority (FCA) of the base prospectuses, the Exchange plans to commence trading of these ETNs on Tuesday, May 28, 2024. This move is aimed at ensuring maximum issuer participation on the first trading day and allowing issuers sufficient time to prepare their documentation and meet regulatory requirements.
“We have decided to launch the market in Crypto ETNs on 28 May 2024 to enable the maximum number of issuers to be present
We współpracy z: https://bitcoinmagazine.com/markets/london-stock-exchange-to-launch-bitcoin-etn-market-in-may
