In a notable move, Bivu Das, the Managing Director of Kraken UK, has expressed his support for the introduction of Bitcoin Exchange-Traded Funds (ETFs) in the United Kingdom. This affirmation arrives amidst the imminent authorization for institutional investors to participate in Bitcoin Exchange-Traded Notes (ETNs) within the UK market. It is noteworthy, however, that access to US-based Bitcoin ETFs remains off-limits for retail investors.
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Kraken UK Chief Endorses Bitcoin ETFs for British Investors
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Eleanor Ashworth — Editor-in-Chief
About the author · Editor-in-Chief
Eleanor Ashworth
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.