Previous close | 108.00 |
Open | 108.00 |
Bid | 107.00 x 0 |
Ask | 110.00 x 0 |
Day's range | 106.00 - 108.00 |
52-week range | 92.00 - 113.00 |
Volume | |
Avg. volume | 3 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 01 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
On this episode of Yahoo Finance Future Focus, our host Brian McGleenon speaks with Alex Pollak, head of UK for 21Shares, about the current investor appetite for bitcoin exchange-traded funds in the US and Hong Kong, as well as the debut of bitcoin and ether exchange-traded notes (ETNs) on the London Stock Exchange (LSE).Pollak said the listing of bitcoin and ether ETNs in London could mark a significant step towards establishing the UK as a leading crypto hub in Europe. He also discussed how the FCA's phased approach to opening the crypto market could transform the UK's financial landscape.Despite the potential for developing the UK's digital asset market, Pollak notes that the new ETNs are currently accessible only to professional investors. He highlights that "the game-changer in the UK will be when the retail ban is lifted," indicating that broader access to these products is essential for the market's growth.
Key Insights Significantly high institutional ownership implies London Stock Exchange Group's stock price is sensitive...
LONDON (Reuters) -WisdomTree and 21Shares are to launch exchange-traded products (ETPs) backed by cryptocurrencies on the London Stock Exchange, the firms said on Wednesday after getting the green light from Britain's financial regulator. The planned listings, set to be the first in the UK, come after Britain's Financial Conduct Authority (FCA) in March approved the launch of what it called "cETNs" - cryptoasset-backed exchange traded notes - for professional investors.