Hargreaves Lansdown Enters Crypto Market with Regulated ETNs

Hargreaves Lansdown, the UK's largest retail investment platform, has taken a significant step into the world of cryptocurrencies. The company now offers nine Bitcoin and Ether exchange-traded notes (ETNs) from major asset managers.

This marks a shift in Hargreaves Lansdown's cautious stance on crypto, enabled by updated UK regulations allowing regulated crypto ETNs for retail investors.

New investors must pass an appropriateness test and wait 24 hours before trading, reflecting ongoing risk warnings from the Financial Conduct Authority. This move could increase mainstream crypto adoption by providing regulated, accessible exposure without needing a dedicated crypto exchange.