UK will allow retail Bitcoin ETN access
Firms like BlackRock and CoinShares plan listings
Regulatory clarity likely to increase buy pressure and liquidity
BTC trades above SMAs; momentum strong but RSI warns of near-term cooling
Holding above $121.5K keeps the bullish structure intact
Bitcoin’s bullish momentum may be far from over. A major regulatory shift in the UK could pave the way for renewed demand and further upside. Retail investors in the UK will be allowed to buy Bitcoin exchange-traded notes (ETNs) which would mark a reversal of the 2021 retail ban and potentially igniting the next leg of the 2024 BTC rally.
While traders are watching BTC charts for signs of a bullish reversal, Outset PR leverages its proprietary Outset Data Pulse intelligence reporting to monitor the performance of media outlets and ensure that campaigns align with momentum and fit the market context.
After years of restricted access, the UK financial regulator has announced plans to open the doors for everyday investors to participate in Bitcoin’s growth through regulated exchange-traded products. ETNs, similar to ETFs but structured as debt securities, offer exposure to BTC without requiring users to directly manage wallets or private keys.
Notably, BlackRock and CoinShares are among the firms planning to list ETNs in London, further legitimizing Bitcoin as an asset class. This move mirrors the US ETF rollout earlier this year, which was instrumental in sending Bitcoin to new highs.
The timing of this policy change is significant. Regulatory clarity removes major barriers for traditional retail investors and institutions alike. With the UK now joining the US in offering regulated, mainstream Bitcoin investment vehicles, the buy-side pressure on BTC is expected to increase.
We’ve already seen what happens when traditional capital flows into Bitcoin:
U.S. spot Bitcoin ETFs, approved in January 2024, absorbed billions in inflows within weeks.
That move alone contributed to Bitcoin’s surge past $100K earlier this year.
If UK-based demand follows a similar trajectory, this ETN green light could provide fresh liquidity and reduce volatility, reinforcing Bitcoin’s long-term narrative as a maturing financial asset.
Source: coinmarketcap
Bitcoin currently trades at $125,179, comfortably above key short-term and mid-term averages:
7-day SMA: $119,427
30-day SMA: $114,973
These levels offer strong technical support, validating the uptrend. Momentum indicators also confirm the bullish case:
RSI (14): 70.91 – signaling strong momentum, but edging into overbought territory
MACD Histogram: +1,221 – sustained upward pressure
Key Support: $121,583 (Fibonacci 23.6% retracement level)
However, another RSI reading of 82.47—possibly on a shorter timeframe—suggests the market could be temporarily overheated, raising the risk of a short-term pullback before continuation.
While Bitcoin continues to climb and global access expands, founders and marketing teams face a different challenge: how to stand out in a crowded market without burning through capital. Especially during bullish phases like this, visibility becomes a race—but not everyone can afford to outspend the competition.
Outset PR is a unique crypto PR agency that does not rely on blanket outreach and unpredictable results. The agency leverages its proprietary Syndication Map to deliver targeted, data-backed campaigns that prioritize tangible outcomes over vanity metrics.
“If a company needs a top list article,” explains Maximilian Fondé, Senior Media Analyst at Outset PR, “we filter the table for media that publish this format, cross-check costs and placement conditions, and know within minutes which outlets to pitch.”
This approach helps Web3 brands avoid wasteful spending on low-impact publications, instead narrowing in on crypto-native, high-traffic platforms where stories actually move markets.
One of the most underestimated benefits of Outset PR’s model is organic syndication. Through smart placement and relationships with top-tier aggregators like CoinMarketCap and Binance Square, a single well-placed article can achieve 10x visibility.
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Take StealthEX, for example: |
“Sincerity and friendliness are our core principles,” says Anastasia Anisimova, Head of Media Relations. “Unfortunately, not all agencies in our industry prioritize friendliness in their communications.”
That reputation translates into stronger placements, faster turnaround, and long-term editorial relationships that benefit every campaign.
Ready to make your budget work smarter? Discover how targeted campaigns deliver verifiable results.
In the short term, Bitcoin may face profit-taking or cooling-off, especially if RSI remains elevated. But the broader picture looks bullish:
Regulatory expansion in key markets like the UK
Institutional-grade product launches (ETNs, ETFs)
Increasing participation from retail and traditional finance
As long as BTC holds above key support ($121,583), the uptrend remains intact. And with new access points opening globally, the BTC rally of 2024 could still have plenty of fuel left in the tank.
As retail access to Bitcoin expands and new capital enters the market, the noise in crypto media will grow. Getting visibility won’t just be about good timing—it will require precision and credible exposure.
Outset PR’s mix of proprietary tech, strategic targeting, and proven syndication power offers a clear edge to projects launching, scaling, or repositioning in the current bull cycle.
Because in this market, it’s not just about being seen—it’s about being seen by the right people, in the right places, at the right time.
You can find more information about Outset PR here:
Website: outsetpr.io
Telegram: t.me/outsetpr
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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