Correct, the headline effectively captures the key event and development within the specified word limit.
21Shares has partnered with UK wealth management app Stratiphy to offer retail investors access to crypto Exchange Traded Notes (ETNs) following the FCA's lift of a four-year ban.
This change allows UK retail investors regulated access to digital assets for the first time, with Stratiphy listing 21Shares’ Bitcoin and Ethereum ETNs.
The partnership enables users to diversify their portfolios by adding crypto alongside traditional assets through Stratiphy's AI-based tools.
Stratiphy’s CEO Daniel Gold emphasized the growing demand for digital assets and the importance of regulated access post-FCA approval.
21Shares currently manages over $11 billion in assets with a significant increase in traded crypto ETPs in Europe.
Russell Barlow, CEO of 21Shares, noted that lifting the ban on crypto ETNs is vital for UK investors, providing secure exposure to major cryptoassets.
Regulated ETNs could be included in ISA and SIPP portfolios, offering tax-efficient investment options.
