UK Brokerage Hargreaves Lansdown to Start Offering Crypto ETN Trading
BitcoinWorld UK Brokerage Hargreaves Lansdown to Start Offering Crypto ETN Trading According to a report from the Financial Times, Hargreaves Lansdown is starting to offer cryptocurrency ETN trading to around 2 million of its investors starting today.
To begin with, it will offer nine different ETNs linked to Bitcoin and Ethereum.
These ETNs come from well known providers including BlackRock, WisdomTree, 21Shares, Invesco, CoinShares, and Bitwise, and the yearly fees for these products range from 0 percent all the way up to 0.35 percent.
This is a notable shift because Hargreaves Lansdown was previously the only major investment platform in the UK that did not allow crypto ETN trading at all. In fact, just last October, the company had publicly said that Bitcoin is not an asset class.
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