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via CryptoSlate · By CryptoSlate Editorial
UK funds could soon add crypto ETNs, but FCA keeps exposure on a 10% leash
CE
CryptoSlate Editorial(08:25 PM UTC)
1 min read
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0 commentsCrypto exposure may be moving closer to mainstream UK fund portfolios, but the FCA wants it kept at arm’s length.
A new proposal would let UCITS schemes and most non-UCITS retail schemes hold crypto exchange-traded notes, capped at 10% of scheme property.
The proposal, set out in the FCA's CP26/17 consultation, would move crypto exposure deeper into regulated fund plumbing. Retail investors already…
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