Bitcoin Staking ETP Lands in London Ahead of Retail Rule Change

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In a sign of what’s to come for UK retail investors, a new Bitcoin staking ETP has debuted on the London Stock Exchange.

While currently available only to professional investors, its arrival signals the market’s preparation for the October 8th easing of restrictions on crypto exchange-traded notes.

The product, from Valour, offers a 1.4% yield on Bitcoin, which is held in secure cold storage. For retail investors awaiting access, this ETP demonstrates the potential for yield-generating crypto products that could soon be available to them on traditional exchanges.