21Shares has launched a new exchange-traded product (ETP) that combines Bitcoin and gold on the London Stock Exchange. This move follows the UK regulator's removal of a retail ban on crypto exchange-traded notes, expanding access for retail investors. The UK market has seen significant growth in crypto trading volumes since the ban was lifted.

The SEC has approved the Bitwise 10 Crypto Index Fund (BITW) to trade on NYSE Arca, making it the second crypto index exchange-traded product in the U.S. BITW provides exposure to the ten largest cryptocurrencies and aims to attract institutional investment by operating within a regulated framework.

Global crypto investment products saw a significant rebound with $921 million in net inflows last week, driven by optimism over potential U.S. interest rate cuts. Bitcoin funds contributed most to the inflow with $931 million, while Ethereum experienced its first net outflows in five weeks, totaling $169 million.