The largest investment platform in the UK, Hargreaves Lansdown, opens Crypto ETN trading

According to the UK magazine "Fortune," the largest investment platform in the UK, Hargreaves Lansdown (HL), will open Crypto ETN trading to its approximately 2 million investors starting from September 3. The first batch will include 9 BTC and ETH ETNs, issued by companies such as BlackRock's iShares, WisdomTree, 21Shares, Invesco, CoinShares, and Bitwise, with annual fees ranging from 0% to 0.35%.

HL had previously been the major investment platform in the UK that had not opened Crypto ETNs and stated last October that "BTC is not an asset class." These related products will be offered to users of its Advanced Investing service, and investors must pass a suitability test and comply with a 24-hour cooling-off period during their first transaction.