The UK Financial Conduct Authority (FCA) will lift its ban on crypto exchange-traded notes (ETNs) on October 8, potentially unlocking nearly $1 trillion in British savings for crypto investments. This move reverses the 2021 ban on the sale of crypto-linked ETNs to retail investors, positioning the UK as a significant player in the global crypto market. UK investors currently hold over $930 billion in ISA and SIPP accounts, and a survey by IG indicates that 30% of these investors are open to investing in crypto through ETNs. The decision is expected to enhance crypto adoption, especially among younger investors. Several UK trading platforms, including IG, Stratiphy, and Freetrade, are preparing to offer crypto ETNs following the FCA's decision.