Print this article
What's New In Investments, Funds? – BlackRock, Nuveen, Bitwise
Editorial Staff
23 October 2025
BlackRock This is the first time UK retail investors can gain exposure to bitcoin and Ethereum through ETPs listed on a UK recognised investment exchange (RIE). This coincides with the Financial Conduct Authority’s (FCA) decision to lift its restrictions on retail access to crypto ETPs. The launch of the four products gives retail investors access to the four bitcoin and Ethereum ETPs which Bitwise listed on the LSE in April. They are the Bitwise Core Bitcoin ETP (BTC1, ISIN: DE000A4AER62), the Bitwise Physical Bitcoin ETP (BTCE, ISIN: DE000A27Z304), the Bitwise Ethereum Staking ETP (ET32, ISIN: DE000A3G90G9) and the Bitwise Physical Ethereum ETP (ZETH, ISIN: DE000A3GMKD7). Under the FCA’s guidance, UK retail investors can access crypto ETPs referencing Bitcoin and Ethereum only, and only when traded on FCA-recognised exchanges such as the LSE. Bitwise will reduce the total expense ratio (TER) of BTC1 to 0.05 per cent from 0.20 per cent for six months, and then until further notice, making it a cost-efficient member of the company’s suite of institutional-grade crypto ETPs, benefiting new and existing investors in this evolving market
The iShares Bitcoin exchange-traded product was listed on the London Stock Exchange yesterday. The securities of the ETP are 100 per cent physically backed by bitcoin held directly through Coinbase, , a crypto specialist asset manager with over $15 billion in client assets, will be lowering the fees for its Bitwise Core Bitcoin ETP to 5 basis points (0.05 per cent), as it put the product and three other crypto exchange traded products (ETPs) on the retail segment of the London Stock Exchange (LSE) on 21 October.