# Add Ethereum ETP

**URL:** <https://community.trading212.com/t/add-ethereum-etp/27634>\
**Category:** 📬 Stocks & ETFs requests\
**Created:** [November 23, 2020, 4:56pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634 "2020-11-23T16:56:08Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![TheFeynmanEmulator](https://avatars.discourse-cdn.com/v4/letter/t/dc4da7/32.png) [@TheFeynmanEmulator](https://community.trading212.com/u/TheFeynmanEmulator)\
**Post date:** [November 23, 2020, 4:56pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/1 "2020-11-23T16:56:08Z")

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Hi,

Would love to see an ethereum etp like the bitcoin etp you already offer

Thanks!

Think positive, stay negative 😉

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [November 23, 2020, 5:28pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/2 "2020-11-23T17:28:59Z")

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Who provides an Ethereum ETP? I didn’t know there was one.

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**Author:** ![vvsvin](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/vvsvin/32/5591_2.png) [@vvsvin](https://community.trading212.com/u/vvsvin)\
**Post date:** [November 23, 2020, 8:34pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/3 "2020-11-23T20:34:48Z")

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Not sure if these can be added…  
There could be more like these

[Products | 21Shares](https://21shares.com/product)

[AETH | 21Shares](https://21shares.com/product/aeth)

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**Author:** ![KanseiDorifto](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/kanseidorifto/32/5916_2.png) [@KanseiDorifto](https://community.trading212.com/u/KanseiDorifto)\
**Post date:** [November 23, 2020, 8:36pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/4 "2020-11-23T20:36:29Z")

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this one too:

[https://grayscale.co/ethereum-trust/](https://grayscale.co/ethereum-trust/)

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**Author:** ![vvsvin](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/vvsvin/32/5591_2.png) [@vvsvin](https://community.trading212.com/u/vvsvin)\
**Post date:** [November 23, 2020, 8:37pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/5 "2020-11-23T20:37:43Z")

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I would close all my crypto accounts and move to Trading212 if those ETPs are included in the invest platform.  
Looking forward for more Crypto ETPs!!!

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [November 23, 2020, 9:24pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/6 "2020-11-23T21:24:38Z")

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You realise crypto ETPs are banned in about 40 days time so I wouldn’t be that quick to ditch them 😜

I doubt we’ll get this request filled before the FCA ban comes in tbh

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**Author:** ![TheFeynmanEmulator](https://avatars.discourse-cdn.com/v4/letter/t/dc4da7/32.png) [@TheFeynmanEmulator](https://community.trading212.com/u/TheFeynmanEmulator)\
**Post date:** [November 23, 2020, 9:27pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/7 "2020-11-23T21:27:54Z")

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I know.

Why did FCA ban etp anyway?

I do not mind more crypto/ non cfd etps coming later next year as long as they come next spring/summer

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [November 23, 2020, 9:34pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/8 "2020-11-23T21:34:19Z")

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Because the FCA are good at making bad decisions. 😂 they wanted to “protect” the poor retail people from leveraged products and somehow the ETPs got included due to referencing an underlying asset.

It sounds like there may be a plan for T212 to do actual coins next year.

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**Author:** ![Veevas](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/veevas/32/6514_2.png) [@Veevas](https://community.trading212.com/u/Veevas)\
**Post date:** [November 23, 2020, 9:40pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/9 "2020-11-23T21:40:06Z")

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@phildawson, I hold a small position in BTCE. Would that be included in the ban you mention?

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [November 23, 2020, 9:46pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/10 "2020-11-23T21:46:31Z")

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Yep, it’ll go to hold and sell only. The buy button will disappear basically.

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**Author:** ![gmaresoiu](https://avatars.discourse-cdn.com/v4/letter/g/6f9a4e/32.png) [@gmaresoiu](https://community.trading212.com/u/gmaresoiu)\
**Post date:** [November 23, 2020, 10:07pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/11 "2020-11-23T22:07:36Z")

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Nope open position not affected

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**Author:** ![EquityInvestor](https://avatars.discourse-cdn.com/v4/letter/e/8491ac/32.png) [@EquityInvestor](https://community.trading212.com/u/EquityInvestor)\
**Post date:** [November 23, 2020, 10:29pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/12 "2020-11-23T22:29:53Z")

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> [@phildawson](#):
>
> leveraged products

So I guess all the 2x and 3x products will disappear then?

They are pretty risky so I would not be too surprised.

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [November 23, 2020, 10:55pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/13 "2020-11-23T22:55:05Z")

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Only if they are crypto related. It’s basically FCA being paid off, if they were that concerned they would have taken down non crypto instruments.

It makes diddly squat just going after crypto under the guise of protecting people.

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**Author:** ![EquityInvestor](https://avatars.discourse-cdn.com/v4/letter/e/8491ac/32.png) [@EquityInvestor](https://community.trading212.com/u/EquityInvestor)\
**Post date:** [November 23, 2020, 10:57pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/14 "2020-11-23T22:57:01Z")

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It is probably safer to buy an ETP than to invest in an exchnge (unless you have your own external wallet and take precautions).

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [November 23, 2020, 11:03pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/15 "2020-11-23T23:03:54Z")

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It’s frustrating. It’s a fairly legacy way of thinking, and they are either behind the times or making stupid decisions.

Like the recent SCA that the FCA blindly implemented the Europeans suggestion without pushing back on how it might affect the UK that have different terminals to how Europe works. So we now have to type our pin in after the contactless hits a limit. We’ve only had contactless for like a decade, contactless fraud is ridiculously low compared to other card fraud so it has no impact other than to piss people off and merchants who now have to deal with the random rejections where you don’t know the reason.

I use Google Pay so it doesn’t impact me but it still pissed me off how reckless they can be without thinking through the consequences. 🙃

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**Author:** ![Joey\_Fantana](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/joey_fantana/32/17674_2.png) [@Joey\_Fantana](https://community.trading212.com/u/Joey_Fantana)\
**Post date:** [November 24, 2020, 6:36am UTC](https://community.trading212.com/t/add-ethereum-etp/27634/16 "2020-11-24T06:36:54Z")

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To clarify again, for @Veevas, if you already have the position, the only thing you won’t be able to do is buy more. Also, if you sell any of your holding after January, you cannot buy it back.

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**Author:** ![Veevas](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/veevas/32/6514_2.png) [@Veevas](https://community.trading212.com/u/Veevas)\
**Post date:** [November 24, 2020, 7:46am UTC](https://community.trading212.com/t/add-ethereum-etp/27634/17 "2020-11-24T07:46:05Z")

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Thanks guys. That’s very helpful👍

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<div class="post-metadata">

**Author:** ![vvsvin](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/vvsvin/32/5591_2.png) [@vvsvin](https://community.trading212.com/u/vvsvin)\
**Post date:** [November 24, 2020, 10:11am UTC](https://community.trading212.com/t/add-ethereum-etp/27634/18 "2020-11-24T10:11:33Z")

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Is it banned only in UK exchanges?

Can a person in UK still trade ETP’s in EU exchanges? If so, what would be the tax implications?

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**Author:** ![Veevas](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/veevas/32/6514_2.png) [@Veevas](https://community.trading212.com/u/Veevas)\
**Post date:** [December 27, 2020, 10:03am UTC](https://community.trading212.com/t/add-ethereum-etp/27634/19 "2020-12-27T10:03:02Z")

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Hi @Joey_Fantana  
I have a small position in BTCE in euros. Would that be affected by Brexit from 1st January?

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**Author:** ![Joey\_Fantana](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/joey_fantana/32/17674_2.png) [@Joey\_Fantana](https://community.trading212.com/u/Joey_Fantana)\
**Post date:** [December 27, 2020, 3:01pm UTC](https://community.trading212.com/t/add-ethereum-etp/27634/20 "2020-12-27T15:01:26Z")

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No idea I’m afraid, mate. Give it a Google or try the longer threads that have already discussed the issue - might be queried there.
