Crypto CFD’s no more

[phildawson]

Yep and there’s another thread somewhere here where someone went as far to contact the BTCE provider directly and they said it was impacted by the FCA for UK customers.

So a case of load on up if you want it. I’d rather play with the coins directly.

Edit

Will the Bitcoin ETP be impacted by the FCA's ban on crypto-derivatives in the UK?

Thanks both for your responses. I’ve actually checked directly with the fund managers (ETC Group) and the distributors (HanETF) and unfortunately both have said this ETP will be impacted by the ban. This is quite disappointing, however we can still buy into the ETP until 6 Jan 2021 and after that can still continue to hold and sell when we like, but we just can’t buy more. Could still be worth buying in now if just planning to hold a few units long term, especially as capital gains tax may be…