Stratiphy & 21Shares Launch Bitcoin & Ethereum ETNs for UK Investors After FCA Ban Lifted

Global cryptocurrency leader 21Shares has formed a strategic partnership with UK wealth management application Stratiphy to provide retail investors access to crypto Exchange Traded Notes (ETNs). This landmark development follows the Financial Conduct Authority's decision to reverse its four-year prohibition on these investment products. The policy shift represents a significant evolution in Britain's digital asset approach, enabling regulated cryptocurrency exposure for mainstream investors through compliant channels. Stratiphy emerges as the inaugural UK wealth management platform to feature 21Shares' physically-backed Bitcoin (BTC) and Ethereum (ETH) ETN offerings. Through the innovative application, users can seamlessly integrate cryptocurrency allocations into existing investment portfolios alongside traditional assets. Stratiphy's artificial intelligence-powered toolkit enables investors to backtest and automate trading methodologies - capabilities the firm states will empower retail participants in risk management and long-term financial planning. "Investor appetite for digital assets continues to accelerate exponentially," commented Daniel Gold, Stratiphy's Founder and Chief Executive Officer. "Our collaboration with 21Shares guarantees regulated cryptocurrency access immediately upon FCA authorization implementation." 21Shares currently oversees more than $11 billion in assets distributed across 50 crypto exchange-traded products throughout European markets. Corporate data reveals €26 billion in cryptocurrency ETP transactions occurred on European exchanges during 2024 - representing 300% annualized growth. Russell Barlow, 21Shares CEO, emphasized that the FCA's removal of retail restrictions on crypto ETNs constitutes a monumental advancement for the United Kingdom, where 12% of adults already maintain direct cryptocurrency holdings through predominantly unregulated platforms. "The regulatory approval for Bitcoin and Ethereum-supported ETNs establishes a crucial foundation, permitting retail investors to gain exposure to the two dominant cryptoassets through simplified, secure investment vehicles," Barlow stated. "As fully regulated ETNs, we project these instruments will qualify for incorporation into Individual Savings Accounts and Self-Invested Personal Pensions, facilitating tax-optimized digital asset exposure within structured investment portfolios."