Stratiphy reopens tax-free route to crypto ETNs for UK investors

3 days ago

UK fintech level Stratiphy has launched a caller offering that gives investors a applicable tax-free way backmost into crypto exchange-traded notes (ETNs) for UK investors aft a bid of regulatory shifts efficaciously unopen investors out.

In October 2025, the Financial Conduct Authority lifted its four-year ban connected retail entree to crypto ETNs tied to assets similar Bitcoin (BTC) and Ether (ETH). These products could initially beryllium held successful modular stocks-and-shares Individual Savings Accounts (ISAs), offering tax-free exposure.

However, that changed astatine the commencement of the caller taxation year, erstwhile HM Revenue & Customs ruled that caller purchases of crypto ETNs would nary longer suffice for those ISAs. Instead, eligibility was constricted to Innovative Finance (IF) ISAs, a niche wrapper typically utilized for peer-to-peer lending, and nary level offered both, resulting successful a dormant extremity for investors seeking access.

Stratiphy’s motorboat present reopens that way by offering 3 ETNs issued by 21Shares, covering Bitcoin, Ether and a blended Bitcoin-gold product, according to the Financial Times.

Source: Stratiphy’s website

Cointelegraph reached retired to Stratiphy for comment, but had not received a effect by publication.

Related: Coinbase rolls retired UK crypto-backed loans arsenic FCA shapes rules

UK platforms connection crypto ETNs

Crypto ETNs are already disposable done platforms specified arsenic Interactive Investor, Freetrade and Revolut. However, nary presently connection IF ISAs, and those accounts autumn extracurricular the UK’s Financial Services Compensation Scheme, per the FT.

Trading 212, 1 of Europe’s largest online concern platforms, besides reportedly allowed UK retail customers to commercialized crypto ETNs without the required regulatory permission. The institution aboriginal sought the due authorization aft being contacted by regulators.

An October 2025 probe report by IG Group predicted that the UK crypto marketplace could grow by up to 20% pursuing the relaunch of crypto ETNs. The survey recovered that astir 30% of UK adults would see investing successful crypto done ETNs, mostly owed to the perceived information and regulatory oversight these products offer.

Related: UK plans payments regularisation changes for stablecoins, tokenized deposits

UK FCA opens consultation connected crypto rules

As Cointelegraph reported, the UK’s Financial Conduct Authority (FCA) has launched a consultation connected guidance for its upcoming crypto regulatory framework, which is expected to instrumentality afloat effect connected October 25, 2027. The regulator is seeking manufacture input connected rules covering areas specified arsenic stablecoin issuance, trading, custody and staking.

The guidance is portion of a wider acceptable of consultations released since precocious 2025 and aims to hole firms for the caller regime, nether which crypto companies volition request FCA authorization.

Magazine: Bitcoin volition not deed $1M by 2030, says seasoned trader Peter Brandt

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