Crypto asset managers 21Shares, Bitwise, WisdomTree, and BlackRock have opened the doors for UK retail investors to trade Bitcoin and Ethereum exchange-traded products (ETPs) for the first time. The launch follows the UK Financial Conduct Authority’s (FCA) decision to lift its four-year ban on crypto exchange-traded notes, marking a major step in broadening access beyond institutional investors.

On Monday, 21Shares listed physically backed Bitcoin and Ethereum products on the London Stock Exchange (LSE), featuring low fees and staking options. WisdomTree and Bitwise followed with similar launches, cutting fees to attract new investors. BlackRock also joined, introducing its iShares Bitcoin ETP. Industry leaders hailed the milestone as a pivotal moment, offering everyday investors regulated and transparent pathways into digital assets.

The FCA’s updated stance allows retail investors to use standard brokerage accounts and tax wrappers such as ISAs and SIPPs to invest. While derivatives remain restricted, the UK’s phased approach aims to balance innovation with investor protection, positioning the country as an emerging hub for digital finance.