Trading 212 let UK retail trade crypto ETNs without FCA approval: FT

💡 DMK Insight

The FCA’s October 2025 announcement about crypto ETNs is a game-changer for traders. This move emphasizes the regulatory landscape’s tightening grip on crypto products, which could impact liquidity and trading strategies. With stricter permissions and compliance requirements, companies may face delays in launching new products, potentially stalling market innovation. Traders should be wary of how this affects existing crypto ETNs and their associated volatility. If firms struggle to meet these new standards, we could see a ripple effect across related assets, particularly in the altcoin market, where liquidity is often thinner. Keep an eye on how major players react to these regulations. If compliance becomes a barrier, we might see a shift in institutional interest away from crypto ETNs, which could lead to increased volatility in the broader crypto market. Watch for any updates on compliance timelines or specific companies that may be impacted, as these could provide actionable insights for your trading strategies.