Stratiphy Secures HMRC Approval for Tax-Free Bitcoin and Ether ETNs in UK ISAs
UK platform Stratiphy has won HMRC approval to offer Bitcoin, Ether, and Bitcoin-gold ETNs from 21Shares inside tax-advantaged ISAs, enabling tax-free crypto gains effective from April 6, 2026. This follows an earlier announcement of plans to wrap crypto-tracking ETNs in Innovative Finance ISAs, pending regulatory nods, building on 2024 FCA approvals for pro investor ETPs. With a £20,000 annual ISA allowance and Stratiphy's £4m AUM across 2,000 clients, the move could drive retail inflows, narrow access gaps with Europe, and boost demand for BTC and ETH exposure despite volatility risks.