Stratiphy launches tax-free crypto ETNs in the UK

Stratiphy launches a UK platform for tax-free crypto ETNs via IF ISAs, featuring Bitcoin, Ethereum, and Bitcoin-Gold products, following regulatory changes.

Stratiphy has introduced a new platform in the UK, enabling investors to access cryptocurrency exchange-traded notes (ETNs) within Innovative Finance ISAs (IF ISAs). This move reopens a tax-free route to crypto assets following recent regulatory changes. After the Financial Conduct Authority lifted a four-year ban on retail crypto ETNs in October 2025, HM Revenue & Customs ruled that crypto ETNs could no longer be held in standard stocks and shares ISAs, restricting eligibility to IF ISAs. Stratiphy’s platform addresses this gap by offering three ETNs from 21Shares, tracking Bitcoin, Ethereum, and a Bitcoin-Gold combination. Currently, Stratiphy manages around £4 million in assets for approximately 2,000 clients. By combining IF ISA structures with crypto ETN offerings, Stratiphy positions itself as a leader in regulated, tax-efficient crypto investment solutions in the UK.