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via CryptoSlate · By CryptoSlate Editorial
UK funds could soon add crypto ETNs, but FCA keeps exposure on a 10% leash
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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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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