Kraken UK head: Supports UK approval of Bitcoin ETF

Jinse Finance reported that Kraken UK managing director Bivu Das said in an interview at the London Digital Asset Summit that he would support the UK’s approval of a Bitcoin ETF. He believes a Bitcoin ETF is an interesting product with the potential for substantial returns not available to UK investors. Currently, the UK is preparing to allow institutional investors to buy Bitcoin ETNs, but retail investors are prohibited from buying Bitcoin ETFs in the United States.