Britain’s Largest Brokerage Will Offer a Bitcoin ETN Investment
Britain’s biggest online trading platform, Hargreaves Lansdown, is to provide customers with the option to invest in Bitcoin by granting access through the form of an exchange-traded note (ETN). The fund, which is provided by Swedish company, XBT Provider, is listed on NASDAQ’s OMX. Retail investors will be able to access the digital currency through their Self-Invested Personal Pension (Sipp) and brokerage accounts. XBT Provider manages Bitcoin Tracker One, which, when launched in 2015, became the first Bitcoin-based security on a regulated exchanged when it was listed on the NASDAQ/OMX....
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Clients of Hargreaves Lansdown, Britain’s largest retail trading platform, can now invest in Bitcoin through Exchange Traded Notes (ETN). Taking Bitcoin exposure just got a lot easier for non tech-savvy investors. Hargreaves Lansdown has stated that it had previously received requests from a handful of clients for the ETN. Through the ETN, both retail and institutional investors would be able to take indirect exposure to the price of Bitcoin. Hargreaves Lansdown. Hargreaves Lansdown is Britain’s largest retail trading platform, with over GBP 70 bln of investments and 876,000 active....
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