Bitcoin ETNs begin trading on London Stock Exchange
Physically backed Bitcoin ETNs begin trading on the London Stock Exchange's professional-investor segment.
On May 28, 2024, Bitcoin ETNs begin trading on London Stock Exchange. Physically backed Bitcoin ETNs begin trading on the London Stock Exchange's professional-investor segment.
The London market was restricted to professional investors and used exchange-traded notes rather than U.S.-style ETFs. The launch nevertheless created a regulated U.K. venue for physically backed Bitcoin exposure.
The event provides a distinct historical marker within Bitcoin's 2024 institutional, technical, legal or cultural development.