Hargreaves Lansdown Launches Bitcoin and Ethereum ETNs for UK Clients
Bitcoin (BTC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Hargreaves Lansdown began offering nine Bitcoin and Ethereum exchange-traded notes to eligible UK clients on September 3, 2026. The products are available through the platform's Advanced Investing service, excluding the mainstream Stocks and Shares ISA accounts. The range includes notes from issuers such as iShares, WisdomTree, 21Shares, Invesco, CoinShares, and Bitwise.
Annual product charges for these notes range from 0% to 0.35%. Clients must self-certify as advanced investors, pass an appropriateness assessment, and complete a 24-hour cooling-off period to trade these crypto ETNs. The notes can be held in a Fund and Share Account or a SIPP but are not eligible for an ISA.
This rollout follows an FCA regulatory change that reopened retail access to qualifying crypto ETNs listed on the FCA Official List from October 8, 2025. Hargreaves Lansdown maintains that Bitcoin should not be treated as a conventional asset class, justifying the additional safeguards. The move expands the UK crypto-linked product range while keeping access limited to eligible clients who meet specific service requirements.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 5 September 2026. Not the outlet's figures.
Bitcoin is trading at $79,660.77 with a 1-hour buy ratio of 54.6%, indicating immediate short-term buying pressure. However, the 4-hour buy ratio drops to 41.9%, suggesting that this buying momentum is fading over a slightly longer timeframe. The 24-hour buy ratio sits at 48.3%, showing a near-even split between buyers and sellers over the full day. Volume delta data reveals a net outflow of $3.8 million in the last hour, contrasting with a significant net outflow of $28.2 million over the past four hours. The cumulative volume delta for the 24-hour period is -$38.8 million, meaning sellers have dominated the market since the previous close. This negative flow indicates that despite the recent headline, the broader market is currently distributing rather than accumulating.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.7%, making today's 24-hour ratio of 48.3% slightly below the weekly norm by 2.4 points. Spot volume has surged to 1.40 times the weekly average, indicating heightened activity compared to typical days. The 8-day volume delta shows a net inflow of $92.7 million, contrasting with the recent 24-hour outflow. This suggests that while today is an unusual day for volume and slight selling pressure, the broader weekly trend remains net positive. The price has increased by 2.3% over the eight-day period, reflecting the cumulative buying pressure seen in the weekly data.