Posted on June 1st, 2017 by Fitch
The two Bitcoin ETNs listed on the NASDAQ OMX are now available for online purchasing via the UK's number one investment platform for private investors.
“Buying the XBT provider ETN was extremely quick, all I had to do is place my order and click ‘deal,’ and I had bitcoin exposure in my SIPP within minutes,” noted Nigel Timperley a current Hargreaves Lansdown SIPP customer.
Clients who wish to add bitcoin to their tax advantaged SIPP accounts now only need to login to their usual portal with Hargreaves Lansdown and search for: ‘XBT.’
“By adding self-service, online dealing, the team at Hargreaves Lansdown is providing UK investors with professional and quick access to the bitcoin space in the UK and greater Europe. This is very exciting for any investors who have been thinking about buying bitcoin but did not want the hassle of security and regulation involved in buying bitcoin directly from exchanges. Now investors can quickly add bitcoin exposure to their portfolio via their brokerage account.” says Ryan Radloff, Head of Investor Relations for XBT Provider, AB.
For more information on how to purchase bitcoin exposure via your SIPP account at Hargreaves Lansdown, please contact them or your independent financial advisor directly.
It is each investor’s responsibility to ascertain that it is authorised to subscribe, or invest into the product detailed in this press release. Prior to investing in the product, investors should seek independent financial, tax, accounting and legal advice. XBT Provider AB recommends that investors read carefully the “risk factors” section of the prospectus. There is no guarantee that the objective of any Certificates will be met and may not always be able to replicate exactly the performance of the underlying assets. XBT Provider AB shall not assume any responsibility in this respect. The accuracy, completeness or relevance of the information which has been drawn from external sources is not guaranteed although it is drawn from sources reasonably believed to be reliable. Subject to any applicable law XBT Provider AB shall not assume any liability in this respect. This press release together with the prospectus and/or more generally any information or documents with respect to or in connection with the XBT Provider AB certificates detailed herein does not constitute an offer for sale or solicitation of an offer for sale in any jurisdiction (i) in which such offer or solicitation is not authorized, (ii) in which the person making such offer or solicitation is not qualified to do so, or (iii) to any person to whom it is unlawful to make such offer or solicitation. In addition, the shares are not registered under the U.S Securities Act of 1933 and may not be directly or indirectly offered or sold in the United States (including its territories or possessions) or to or for the benefit of a U.S Person (being a “United State Person” within the meaning of Regulation S under the Securities Act of 1933 of the United States, as amended, and/or any person not included in the definition of “Non-United States Person” within the meaning of Section 4.7 (a) (1) (iv) of the rules of the U.S. Commodity Futures Trading Commission.). No U.S federal or state securities commission has reviewed or approved this document and more generally any person not included in the definition of “Non-United States Person” within the meaning of Section 4.7 (a) (1) (iv) of the rules of the U.S. Commodity Futures Trading Commission.). Indicative net asset value is published on the Reuters and Bloomberg pages of the products, and might also be mentioned on the websites of the stock exchanges where the product is listed.