Cryptocurrency products from three companies listed on the London Stock Exchange on Tuesday:
- the first UK cryptocurrency exchange traded notes (ETNs)
- only ETNs that track bitcoin and ethereum are allowed on the exchange
- instruments only available to professional investors
ETNs are similar to exchange-traded funds (ETFs) but rely on unsecured debt securities issued by a bank, meaning that they do not directly hold the assets they track.
ETH/USD update: