Hargreaves Lansdown Opens Bitcoin, Ether ETN Trading to 2 Million Investors
Summary
- The UK’s largest investment platform, Hargreaves Lansdown, said it will offer Bitcoin (BTC) and Ether (ETH) ETN trading to about 2 million investors.
- Hargreaves Lansdown said it is opening Bitcoin- and Ether-linked ETN trading on its platform, allowing users to invest in those products through existing investment accounts.
- ETNs are designed to track the price of an underlying asset, allowing investors to gain exposure to cryptocurrency price moves without directly holding the assets.
Forecast Trend Report by Period
Hargreaves Lansdown, the UK’s largest investment platform, is opening trading in Bitcoin- and Ether-linked exchange-traded notes, or ETNs, to about 2 million investors.
Cointelegraph reported on September 3 that Hargreaves Lansdown announced it would enable trading in Bitcoin- and Ether-based ETNs on its platform.
The move will allow roughly 2 million platform users to invest through their existing accounts in ETNs that track the prices of Bitcoin and Ether.
ETNs are listed securities designed to track the price of an underlying asset, allowing investors to gain exposure to cryptocurrency price moves without directly holding the assets.
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