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UK's largest investment platform HL today opens trading for crypto ETNs
  • ETN0%
  • BTC0%
  • ETH0%

BlockBeats News, September 3rd, according to Fortune report, the UK's largest investment platform, Hargreaves Lansdown (HL), has started offering Crypto ETN (Cryptocurrency Exchange-Traded Note) trading to its approximately 2 million investors today. The first batch includes 9 BTC and ETH ETNs, issued by BlackRock's iShares, WisdomTree, 21Shares, Invesco, CoinShares, and Bitwise, with an annual fee ranging from 0% to 0.35%.

HL has been one of the major investment platforms in the UK that had not yet opened up to Crypto ETNs and had previously stated in October last year that "BTC is not an asset class." The related products will be available to its Advanced Investing service users, who will need to undergo an appropriateness test and observe a 24-hour cooling-off period before their first trade.

Fonte:BlockBeats

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