Bitcoin ETNs are finally “allowed” again in the UK, but advisers are not exactly throwing confetti. In this episode, Dan sits down with James Priday to unpack what’s really slowing adoption, and why the headline change does not automatically translate into real-world advice activity.

You’ll hear why crypto ETNs are still treated as restricted mass market investments, what that means in practice (including appropriateness tests and criteria like high net worth or sophisticated investors), and why platforms and advice firms need extra operational and compliance controls before they get comfortable.

James also breaks down the ETN vs ETF confusion and why that terminology alone can create perceived risk for advisers and clients.

Then it gets properly messy when Dan raises the ISA situation, including the discussion around HMRC confirming that you’re allowed Bitcoin ETNs within an ISA.

This one is not to be missed.

Enquire about P1 Investments here - marketing.p1-im.co.uk/bitcoinifa

Website - www.thebitcoinifa.com

We always recommend watching ‘What’s the Problem’ by Joe Bryan:

https://bit.ly/jbwtp

DISCLAIMER:

This podcast is for FCA-authorised financial advisers only and is not for retail clients.

The views expressed in this content, and all other content on this channel, are those of the individuals speaking and do not constitute financial advice or a recommendation to invest in any product, asset, or strategy — including those discussed in sponsored segments.

This content is for educational purposes only.

Always do your own research and consider all relevant risks before making any investment decisions.

In this episode, Dan sits down with Scott Ellam, CEO and founder of XCE, to explore how a traditional executive recruitment firm became one of the first publicly listed companies built around a Bitcoin treasury strategy.

For financial advisers, this conversation offers a clear, real-world example of how Bitcoin can function inside a regulated business, how volatility can be managed, and why ignoring the asset may soon risk losing clients, assets and talent.

Scott walks through his journey from discovering Bitcoin in 2016 to building a four-year corporate treasury that held firm through an 80% drawdown. He explains why the volatility never shook his conviction, how denominating the balance sheet in Bitcoin became a long-term strategic choice, and what ultimately led to the IPO.

The discussion also covers how XCE handles global payments across the US, Europe and the Middle East, the practical advantages of using Bitcoin and stablecoins, and why network effects inside traditional industries may accelerate corporate adoption sooner than expected. Scott outlines how talent attraction, share-option structures and a Bitcoin-experienced board support the firm’s growth model.

For advisers seeking to understand the operational side of Bitcoin — rather than abstract theory — this episode provides a grounded, accessible view of how one company applied it through volatile markets and into a public listing.

Enquire about P1 Investments here - marketing.p1-im.co.uk/bitcoinifa

Website - www.thebitcoinifa.com

We always recommend watching ‘What’s the Problem’ by Joe Bryan:

https://bit.ly/jbwtp

DISCLAIMER:

This podcast is for FCA-authorised financial advisers only and is not for retail clients.

The views expressed in this content, and all other content on this channel, are those of the individuals speaking and do not constitute financial advice or a recommendation to invest in any product, asset, or strategy — including those discussed in sponsored segments.

This content is for educational purposes only.

Always do your own research and consider all relevant risks before making any investment decisions.

In this episode, Andrew Webley — Founder and CEO of The Smarter Web Company — discusses how a long-established UK business chose to list on the Aquis Stock Exchange while holding Bitcoin as a core part of its treasury.

He talks through the reasoning behind the listing, the regulatory limits that define what a UK company can do with Bitcoin, and the practical framework his team uses to measure and manage their position.

The conversation explores concepts such as Bitcoin-per-share, MNAV, liquidity, and dilution — and why these metrics can reshape how a public company’s balance sheet and growth strategy are interpreted.

Andrew also reflects on the common assumptions people make about Bitcoin, the areas where understanding tends to fall short, and what traditional treasury management may overlook when compared to a Bitcoin-based approach.

This episode offers a clear, thought-provoking look at how one listed company is navigating an emerging financial structure — and why its choices may prompt a re-examination of risk, compounding, and long-term planning.

Enquire about P1 Investments here - marketing.p1-im.co.uk/bitcoinifa

Website - www.thebitcoinifa.com

We always recommend watching ‘What’s the Problem’ by Joe Bryan:

https://bit.ly/jbwtp

DISCLAIMER:

This podcast is for FCA-authorised financial advisers only and is not for retail clients.

The views expressed in this content, and all other content on this channel, are those of the individuals speaking and do not constitute financial advice or a recommendation to invest in any product, asset, or strategy — including those discussed in sponsored segments.

This content is for educational purposes only.

Always do your own research and consider all relevant risks before making any investment decisions.