比特币 ETN 将登陆伦敦证券交易所，为英国加密革命奠定基础

Bitcoin ETNs Set to Debut on London Stock Exchange

比特币 ETN 将在伦敦证券交易所首次亮相

Is the UK Ready for Bitcoin ETNs?

英国准备好接受比特币 ETN 了吗？

The London Stock Exchange (LSE) has signaled its intent to welcome applications for the listing of crypto products, including Bitcoin and Ethereum Exchange Traded Note (ETN) products. According to a recent announcement, trading is expected to commence in the second quarter of 2024.

伦敦证券交易所（LSE）已表示有意欢迎加密产品上市申请，包括比特币和以太坊交易所交易票据（ETN）产品。根据最近的公告，预计交易将于 2024 年第二季度开始。

Breaking the ETF Stalemate

打破 ETF 僵局

What's Driving the Surge in Crypto Interest?

是什么推动了加密货币兴趣的激增？

The LSE's move follows the approval of 11 Bitcoin ETN offerings by the US Securities and Exchange Commission (SEC) in January. This regulatory green light has spurred interest in crypto products worldwide, including in Hong Kong and now the UK.

伦敦证交所此举是在 1 月份美国证券交易委员会 (SEC) 批准 11 笔比特币 ETN 发行之后做出的。这一监管绿灯激发了全球范围内对加密产品的兴趣，包括香港和现在的英国。

LSE's Cautious Approach

伦敦经济学院的谨慎态度

When Will Bitcoin ETNs Be Available in the UK?

比特币 ETN 何时在英国上市？

To ensure compliance and due diligence, the LSE has set a deadline of April 8, 2024 for applications. The earliest date for listing has been proposed as May 28, 2024, to allow for ample regulatory review by the Financial Conduct Authority (FCA).

为了确保合规性和尽职调查，伦敦证券交易所将申请截止日期定为 2024 年 4 月 8 日。最早的上市日期被提议为 2024 年 5 月 28 日，以便金融行为监管局 (FCA) 进行充分的监管审查。

FCA's Conditions

FCA 的条件

What Criteria Must Issuers Meet?

发行人必须满足哪些标准？

The FCA has emphasized the need for issuers to meet specific requirements outlined in its Crypto ETN factsheet. Additionally, issuers planning to list securities on the launch date must have adequate time to prepare documentation and obtain FCA approval for their base prospectus.

FCA 强调发行人需要满足其加密货币 ETN 情况说明书中列出的特定要求。此外，计划在发行日上市证券的发行人必须有足够的时间准备文件并获得 FCA 对其基础招股说明书的批准。

Investor Interest Soars

投资者兴趣飙升

How Has the Market Reacted to the Announcement?

市场对这一公告有何反应？

The announcement of the potential Bitcoin ETN listing has sent positive ripples through the crypto community, triggering a surge in Bitcoin prices. At the time of writing, Bitcoin is trading at $70,198.12, up 7.03% from its previous value.

比特币 ETN 潜在上市的消息在加密社区引起了积极的涟漪，引发了比特币价格的飙升。截至撰写本文时，比特币交易价格为 70,198.12 美元，较之前的价格上涨 7.03%。

Echoes of Past ETF Approvals

过去 ETF 批准的回声

Could Bitcoin ETNs Drive Price Appreciation?

比特币 ETN 能否推动价格升值？

The availability of spot Bitcoin ETFs in the US has historically contributed to a supply crunch in the market, leading to price increases. Analysts believe that the introduction of Bitcoin ETNs in the UK could have a similar impact, potentially driving prices higher.

从历史上看，美国现货比特币 ETF 的供应曾导致市场供应紧缩，从而导致价格上涨。分析师认为，英国推出比特币 ETN 可能会产生类似的影响，可能会推高价格。

Conclusion

结论

The LSE's embrace of Bitcoin ETNs marks a significant step in the mainstream adoption of cryptocurrencies. With applications set to open soon and trading expected to commence in the second quarter, the UK investment landscape is poised for a major shift. Investors and crypto enthusiasts alike will be closely watching the developments as Bitcoin ETNs make their debut on the London Stock Exchange.

伦敦证券交易所对比特币 ETN 的接受标志着加密货币主流采用的重要一步。随着申请即将开放，交易预计将于第二季度开始，英国的投资格局即将发生重大转变。随着比特币 ETN 在伦敦证券交易所首次亮相，投资者和加密货币爱好者都将密切关注事态发展。