Published On: Thu, Jun 1st, 2017

UK’s Most Popular Investment Platform to Offer Bitcoin

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UK’s most popular investment platform, Hargreaves Lansdown, will soon allow its clients to invest in Bitcoin.
Hargreaves Lansdown
Hargreaves Lansdown, the administer £70bn of investor money with 876,000 clients, has announced it will allow customers access to invest in Bitcoin.
“By adding self-service, online dealing, the team at Hargreaves Lansdown is providing UK investors with professional and quick access to bitcoin in the UK and greater Europe,”  Ryan Radloff, XBT’s head of investor relations told the Telegraph.
This follows the recent news that the American financial services corporation, Fidelity Investments, will soon allow their clients the ability to view their cryptocurrency holdings on the Coinbase website.

However, Hargreaves Lansdown, are using a fund offered by a Swedish company, XBT Provider, which is structured as an ETN or exchange-traded note. These funds are listed on the stock exchange meaning Bitcoin can be bought and sold as a share.
“The value of and any amount payable under the certificates will be strongly affected by the performance of Bitcoin and the US dollar/krona exchange rate,” XBT Provider explains. “As such an investment in the certificates is …

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  1. RMB Investor RMB Investor says:

    RT @ABITCOINnews: UK’s Most Popular Investment Platform to Offer Bitcoin – https://t.co/yzaONsLLji https://t.co/5rmilL2VTz

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