UK FCA Proposes 10% Retail Fund Allocation to Crypto ETNs

TLDR The FCA proposed allowing UCITS and certain NURS funds to invest up to 10% in crypto ETNs. Under the consultation paper, the regulator set a 10% cap to manage portfolio concentration risks. The proposal follows the October 2025 decision that reopened retail access to crypto exchange-traded products. UCITS and NURS operate as regulated, open-ended [...]

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