UK Anabans Crypto ETN, Futus is still banned for retail

The Financial Conduct Authority (FCA) of the United Kingdom has banned retail on the Cryptocurrency Exchange-Anded Notes (CETNS).

Companies in the UK will be able to offer retail consumer CETNs with effective regulatory changes on 8 October, earning for an FCA announcement on Friday.

The new development in the UK regulator approach on Crypto comes after a ban on Crypto Atins on FCA in January 2021, which lacks the extreme volatility of Crypto assets and “need for” legitimate investment “for retail consumers.

In declaration in David Gaela, FCA Exiter of Payment and Digital Finance, Diade, Diyid, “Since we have banned retail to CETNS, and products have developed, and products have been more important mainstream and better understanding.

What are Crypto ETN?

Unlike the Cryptocurrency Exchange-Trained Fund (ETF), which tracks the price of underlying assets such as bitcoin (BTC) in custody, Crypto ETNs are not supported by any underlying assets and and representative debt securities.

According to the ETN details by Austrian Crypto Trading Platform Bitpanda, “Instead of equity in funds, each business note of ETN represents a liability as a property as property as a property as a legal entity.

By investing through ETN tracking crypto, investors can come into contact with physical crypto assets through their commentators or banks.

ETIN is associated with risks such as limited control over its assets, which outlines the importance of buying etin from reputed institutions to ensure safety, Bitpanda said.

Crypto derivatives are still banned

Giving Crypto ETN, the UK FCA has yet to make a decision to make a decision to allow retail investors to allow crypto derivatives, which is a ban on the authority

The regulator said, “FCA will continue to monitor market development and consider its approach to high -risk investments.”

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According to the Crypto Analytics platform tools, products such as Crypto derivatives, or Crypto Futures, Options and Sada contracts have shown flexibility in the second quarter of 2025, with a web of $ 20.2 trillion tomorrow.

In contrast, the centralized exchange ‘volumes fell by 22%, which show a large -institutionalize for the cryptocurrency ETF.

The US Crypto allows in-the-off to ETF: no effect on retail

The Cryptocurrency ETF has seen notable since its historic launch in the US in 2024, with issuers like Blackrock posted 370% increase in infallors in Q2 2025 and breaking many records to Crypto Finn.

On Tuesday, the US Securities and Exchange Commission (SEC for the underlying Crypto assets.

Although Motors are largely seen as big news for the Crypto industry, ETF analysts such as Eric Balchunas say the incident will not affect retail investors.

He said, “This is not a major impact for retail, but a plumbing is high. The biggest tech from milestones is that the other is ready to treat crypto like a legal asset class, he said.