According to Tree News citing Bloomberg news, the London Stock Exchange will accept applications for Bitcoin and Ethereum ETNs in the second quarter of 2024.
It is reported that ETN is the abbreviation of “Exchange Traded Note” and is an exchange-listed product known as “exchange bonds” or “index-linked securities”.Â
Different from ETF, the word Note (bond) indicates that ETN is a bond in which a financial institution (issuer) commits its price to track a specific indicator based on its creditworthiness.
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