AI Crypto Daily Wire logoAI Crypto Daily Wire

Latest AI & Crypto News from Top Sources

Crypto bullishImpact 7/10

UK mutual funds may soon be allowed to hold crypto ETNs, but only with a 10% leash

CryptoSlate·
UK mutual funds may soon be allowed to hold crypto ETNs, but only with a 10% leash
AI Analysis

UK mutual funds may soon be permitted to invest in cryptocurrency exchange-traded notes (ETNs), but with a cap of 10% of their portfolio. This move allows for indirect exposure to crypto while maintaining restrictions on direct holdings in authorized funds.

Key Topics

UK mutual fundscrypto ETNsUCITSNURS

Originally reported by CryptoSlate. Read the full article ↗

UK mutual funds may soon be allowed to hold crypto ETNs, but only with a 10% leash | AI Crypto Daily Wire