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:
![eth etn London stock exchange 29 May 2024 2](https://images.forexlive.com/images/eth%20etn%20London%20stock%20exchange%2029%20May%202024_id_6e845a7f-244e-439f-8970-a5dab30e68ac_size900.jpg)