$ETH $BTC WisdomTree has received approval from the Financial Conduct Authority (FCA) to list its physically-backed Bitcoin and Ethereum products on the London Stock Exchange.
The WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum ETPs both come with a 0.35% management expense ratio, and are currently listed on Deutsche Börse Xetra, the Swiss Stock Exchange SIX, and Euronext exchanges in Paris and Amsterdam.
Alexis Marinof, head of Europe at WisdomTree, believes the approval marks a ‘significant step forwards’ towards the further adoption of cryptocurrency as a mainstream asset class among professional investors in the UK.
