U.K. Opens Crypto ETNs to Retail Investors, Triggering Fee War Among Fund Providers

The United Kingdom’s decision to allow retail investors to access crypto-based exchange-traded notes (ETNs) has ignited a price war among fund providers.
In an effort to attract investors, several issuers have started cutting management fees, leading to a sharp decline in product costs across Europe’s crypto investment market.

Analysts say the move benefits investors through lower entry costs, but it could also pressure smaller providers and lead to market consolidation favoring larger, more established firms.
Overall, the development underscores how increasing competition is reshaping Europe’s regulated crypto investment landscape.

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