Top Asset Managers Launch Bitcoin, Ethereum ETPs for UK Retail Investors

Top asset managers including BlackRock, 21Shares, WisdomTree, and Bitwise are offering Bitcoin and Ethereum exchange-traded products (ETPs) to UK retail investors.

BlackRock's iShares Bitcoin ETF is listed on the London Stock Exchange (LSE), backed by BTC held via Coinbase.
The BlackRock Bitcoin ETF quickly approached $100 billion AUM in the US.
This move follows the UK's Financial Conduct Authority lifting a four-year ban on retail access to crypto exchange-traded notes (ETNs).
21Shares launched physically backed Bitcoin and Ethereum products on the LSE, including a staking component for Ethereum and reduced management fees.
WisdomTree introduced Bitcoin and Ethereum ETPs on the LSE with fees of 0.15% and 0.35%, respectively.
Bitwise plans to list its Bitcoin and Ethereum ETPs on the LSE, offering a temporary reduced fee on its Core Bitcoin ETP.

The FCA's policy change allows retail investors access through UK-regulated brokers and investment platforms but maintains restrictions on broader crypto derivatives.