Crypto ETNs (Exchange Traded Notes) are listed investments that track the price of a cryptocurrency, such as Bitcoin or Ethereum. They trade on a stock exchange, meaning you can gain crypto price exposure through a regulated investment wrapper, without needing to buy or hold crypto directly. Crypto ETNs are typically structured as debt securities and may be backed by underlying crypto assets held with a custodian.

Holding a Bitcoin ETN gives you exposure to crypto price movements through an investment product, rather than owning the cryptocurrency yourself. This means you do not need a digital wallet or crypto exchange account, and the investment sits alongside other assets in your portfolio. However, ETNs still carry risks, including crypto market volatility and reliance on the product’s issuer and structure. Bitcoin investments are high risk and prices can fluctuate significantly.

With Sidekick, unfortunately Bitcoin ETNs can't currently be held within our ISA. The rules on ISA eligibility are evolving, so we will be reviewing our support within our ISA product in te future.