UK Allows Investment Funds to Buy 10% Crypto Products

The UK is taking a big step toward making cryptocurrency investments more accessible to everyday investors. The country's financial watchdog just proposed allowing certain investment funds to put up to 10% of their money into crypto products.

What's Actually Happening?

The UK's Financial Conduct Authority (FCA) - the organization that makes sure financial companies follow the rules - wants to let mutual funds (pools of money from many investors managed by professionals) buy something called crypto ETNs (Exchange-Traded Notes - products that track cryptocurrency prices without actually owning the crypto).

Think of it like this: Instead of you buying Bitcoin directly, your mutual fund could buy a product that follows Bitcoin's price. You get exposure to crypto without the hassle of storing it yourself.

Key Details: • Funds can invest up to 10% in crypto ETNs • Applies to UCITS and NURS (types of UK mutual funds) • Helps regular investors access crypto safely • Part of UK's gradual acceptance of crypto investments

Why This Matters

Until recently, UK investors couldn't access these crypto products at all - they were banned in 2021. The ban was lifted in October 2025, and now funds might be able to include them too.

This move could help the UK catch up with other countries that already allow similar investments. It's a careful approach - the 10% limit protects investors from putting too much money at risk while still allowing them to participate in the crypto market.

For everyday investors, this means your pension or investment fund might soon include some cryptocurrency exposure, making it easier to diversify your portfolio without becoming a crypto expert.

This is an AI-generated summary. Read the original article at: https://www.coindesk.com/policy/2026/06/09/uk-financial-regulator-moves-to-allow-mutual-funds-10-exposure-to-crypto-etns