Crypto Exchanges
By Sydney TheCMO
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What the 10% Cap Actually Means. For fund managers, a 10% ceiling on crypto ETN exposure isn't massive — but it's not nothing either.
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Consultation Phase and What Comes Next. The proposal is still in consultation. The FCA is actively collecting feedback from industry…
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Britain's financial watchdog wants to let mutual funds buy crypto. Specifically, the Financial Conduct Authority has put forward a proposal that would allow certain UK investment…
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The FCA is framing the whole thing as a balance. On one side, you've got investor protection, which the regulator has always treated as non-negotiable.
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No timeline yet. That's the honest answer.
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The FCA's proposal targets what it calls "certain investment schemes" — the regulator hasn't been more specific than that in what's publicly available, and it's unclear exactly…
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Crypto ETNs themselves have been around in various forms across European markets for a while now.
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See also: FCA Takes Neil Woodford and W4.0 to Court Over Unlicensed Advice Site
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The proposal is still in consultation. The FCA is actively collecting feedback from industry stakeholders — fund managers, financial institutions, and others — before any final…
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What's less clear is how long the consultation runs or when the FCA expects to reach a decision. No specific timeline has been set. The market's basically left to guess.
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And that uncertainty matters. Fund managers who want to start planning around potential crypto ETN exposure can't really do that until the rules are firm. Some will wait.
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The FCA's move fits into a broader pattern across major financial jurisdictions. Regulators in the US, Europe, and parts of Asia have all been wrestling with how to bring digital…
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More context: Bitcoins Weekly Chart Flashes Rare Signal, Eyes $90,000 Breakout
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Whether the 10% figure survives the consultation intact is genuinely uncertain. Industry groups might push for a higher ceiling.
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