Bitcoin and Ethereum (ETNs) begin trading on the London Stock Exchange

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.

More detail here

ETH/USD update:

This article was written by Eamonn Sheridan at www.forexlive.com. Source