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London Stock Exchange Greenlights Bitcoin and Ethereum ETNs

Bloomberg has reported a noteworthy development for the cryptocurrency market as the London Stock Exchange (LSE) is ready to accept applications for Exchange-Traded Notes (ETNs) for Bitcoin (BTC) and Ethereum (ETH). This move indicates that cryptocurrencies are increasingly being accepted within traditional financial institutions and represents a significant step towards the mainstream adoption of the two largest cryptocurrencies. The LSE’s decision to accept applications for Bitcoin and Ethereum ETNs reflects the growing demand for investment products linked to popular cryptocurrencies. The decision follows a broader trend of traditional financial institutions adopting cryptocurrencies and Blockchain technology.

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