
The London Stock Exchange (LSE), valued at $3.18 trillion, has announced plans to launch a market for cryptocurrency Exchange Traded Notes (ETNs), specifically for Bitcoin and Ethereum, starting May 28, 2024. This initiative will make the LSE one of the significant traditional financial markets to embrace cryptocurrencies. The exchange will begin accepting listing applications for these crypto ETNs from April 8, 2024, pending approval from the Financial Conduct Authority. This move is seen as a bullish signal for the cryptocurrency market, with Bitcoin's price recently surpassing $70,000. The announcement has generated considerable attention, indicating the growing acceptance of cryptocurrencies in traditional financial sectors.
🚨 JUST-IN: 🇬🇧 London Stock Exchange is launching the market in #Bitcoin and #Ethereum Crypto ETNs on May 28 📈 #Bitcoin is back above $70,000 💎 #BitcoinHalving is less than a month away How bullish are you? 👇
London Stock Exchange picks May 28 as start date for crypto ETN trading https://t.co/qsXQNMq967
JUST IN: 🇬🇧 The London Stock Exchange confirms that it will launch trading of Bitcoin Exchange Traded Notes (ETN) on May 28, 2024 👀🙌 https://t.co/7pBjtOkKVP
