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Time Details
2025-03-01
18:39
Impact of UK FCA Retail Ban on Bitcoin ETPs on MSTR and Bitcoin

According to BitMEX Research, even when Bitcoin's price was down last week, Hargreaves Lansdown, a leading UK trading platform, listed MicroStrategy ($MSTR) as its second top buy after a tax-efficient gilt. This trend is partly attributed to the UK Financial Conduct Authority's (FCA) retail ban on Bitcoin Exchange Traded Products (ETPs), which has been a significant factor in increasing the demand for MSTR and subsequently driving up Bitcoin's price.

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