Hargreaves Lansdown Opens Crypto ETN Trading
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The UK's largest investment platform, Hargreaves Lansdown, has opened Crypto ETN trading to approximately 2 million investors starting September 3. The first batch includes 9 BTC and ETH ETNs, issued by firms such as BlackRock's iShares, WisdomTree, 21Shares, Invesco, CoinShares, and Bitwise, with annual fees ranging from 0% to 0.35%. Hargreaves Lansdown had previously not offered Crypto ETN trading and had stated that "BTC is not an asset class." The related products will be available to users of its Advanced Investing service, where investors must pass a suitability test and adhere to a 24-hour cooling-off period during their first trade.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
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