Best Crypto to Buy Now as UK ETN Ban Removal Fuels Bullish Sentiment

It is another day and another positive regulatory development from the cryptocurrency front, and this time it is coming from the UK. The UK’s primary financial regulatory body, the Financial Conduct Authority, has lifted the ban on crypto ETNs, which is now seen as a pivotal movement for the market by leading industry figures.

“This is extremely significant and in some ways it could be seen as the first step in a seismic shift in UK financial markets in terms of the acceptance and adoption of digital assets more generally,” said Russell Barlow, Chief Executive of 21Shares, to the Financial Times.

For most retail investors, this move marks the beginning of more progressive regulations in the country, one that could boost more diversified investments into digital assets, prompting users to load up on the best cryptos to buy now.

This Could be As Big as Big Bang of 1986 – Russell Barlow

Adding more to his already bullish take on the UK’s progressive move, Russell further stated that this could be as big as the Big Bang of 1986.

Notably, the “UK Big Bang” in 1986 was a major deregulation of London’s financial markets. It happened under the then Prime Minister Margaret Thatcher and led to many changes such as:

Discontinuation of jobbers and brokers as separate entities

Removal of fixed commission charges

Shift to electronic trading

This led to increased competition and transformed London into a major trading hub.

In that sense, the removal of the ban on crypto ETNs by the UK government could be considered an event of similar magnitude. With the ban lift:

The UK’s regulated markets are now open to retail crypto investors, who can engage with crypto trading directly through mainstream exchanges like the LSE

The ban lift positions crypto alongside other established asset classes

It could trigger a surge in investment, bringing fresh capital into the crypto market, bolstering product innovation, and prompting financial institutions to expand their crypto offerings

It is not just the 21Shares executive who has commented on this latest move. Dovile Silenskyte echoed these sentiments, expressing that the lifting of the ban marks a “pivotal moment in the broader integration of digital assets into the financial ecosystem.”

ETNs, or Exchange-Traded Notes, are tradable debt securities that track the performance of crypto assets like Bitcoin and Ethereum without the investor directly owning the asset. They are similar to ETFs but with key differences:

An ETF holds the underlying asset, but an ETN does not

An ETF is often redeemable for the asset or cash, but an ETN is only cash-settled upon maturity

The latest rules by the FCA regarding ETNs will take effect from October 8.

Impact of the Lift Ban on the Bitcoin Price

The UK’s lifting of its ban on crypto ETNs has had a direct impact on the Bitcoin price. The reaction was almost immediate. The ban lift was announced on August 2, and on August 3, the BTC price went up by 2.3%. Since then, the King Coin has gradually ascended in value. It is currently above the $116K level and maintains a market capitalization of $2.31 trillion.

Despite these progressive rules, however, Bitcoin’s dominance has taken a hit. It has dropped by 4.3% in the last 24 hours and now rests at 12.6%. The reason for this could be that whales have started to load up on the apex crypto, as reported by Bitcoin Archive.

JUST IN: Bitcoin whales are buying at an unprecedented pace

Higher prices coming soon pic.twitter.com/rCW49ZtGow

— Bitcoin Archive (@BTC_Archive) August 8, 2025

A positive impact of this is that the market has entered the altcoin season once again. This means those looking for the best crypto to buy now might consider dipping their toes into the “alternative asset” pond.

Best Crypto to Buy Now Besides Bitcoin

These are some of the best altcoins that investors should consider loading up on, in addition to high-cap picks such as Bitcoin or Ethereum.

Bitcoin Hyper

The UK’s decision to lift the ban on crypto ETNs could draw more retail investors into the market, many of whom will be seeking affordable entry points for direct exposure to crypto. While large-cap assets like Bitcoin may seem out of reach for newcomers, meme coins with strong fundamentals could benefit the most from this renewed interest. Bitcoin Hyper stands out as a solid first pick for these investors.

Bitcoin Hyper shares many similarities with Bitcoin, including a focus on security, decentralization, and a capped supply that prevents inflation from diluting value. However, it also introduces new elements designed to make it more versatile and appealing in today’s market. The project incorporates advanced scalability solutions and utility-driven features that aim to push the Bitcoin narrative beyond simple speculation. This gives it a potential edge over the original in terms of practical use.

One of Bitcoin Hyper’s key strengths lies in its ability to merge a strong technological foundation with a meme-based identity. The mascot-driven branding keeps it relatable and viral, appealing to the same cultural energy that has propelled other meme coins to success. This balance between utility and entertainment helps position it as more than just a novelty.

While matching Bitcoin’s dominance will be a challenge, Bitcoin Hyper’s unique mix of infrastructure upgrades, limited supply, and community-driven momentum gives it a credible chance to carve its own space. With these traits, it could emerge as one of the most notable meme coin plays for the new wave of retail investors entering the market.

Best Wallet Token

Bitcoin’s recent surge, fuelled by progressive regulations, has created an entry point for many newcomers who may now be looking for better ways to interact with the cryptocurrency space. Best Wallet presents itself as an ideal solution for these investors. Powered by Best Wallet Token, it delivers a comprehensive ecosystem that covers nearly every aspect of crypto engagement, making it both beginner-friendly and robust enough for experienced traders.

The wallet supports a wide range of cryptocurrencies across 60 blockchains, allowing users to store, send, and receive digital assets with ease. It also integrates secure buying and selling options, enabling seamless fiat-to-crypto and crypto-to-crypto transactions without leaving the platform. Security is a core priority, with institutional-grade safeguards ensuring user assets remain protected at all times.

One of its standout features is the Token Launchpad, which provides access to early investment opportunities before new tokens hit the open market. This can be particularly appealing for investors seeking high-growth potential, as early movers often enjoy the largest returns. By combining accessibility, security, and advanced investment tools, Best Wallet empowers its users to navigate the crypto world with confidence.

With Best Wallet Token at the center of this ecosystem, users also gain benefits like reduced transaction fees, staking rewards, and enhanced platform privileges. The project’s strong community backing is evident, as it has already raised upwards of $14 million, signalling significant investor confidence.

Maxi Doge

Maxi Doge stands out in the meme coin market with its bold and eye-catching imagery. Inspired by Dogecoin yet designed to be a “buffed-up” version of it, the mascot portrays a muscular, gym-going Doge who is focused, determined, and always ready to push for more gains. This visual identity does more than just attract attention, but helps build a bullish sentiment around the Dogecoin community while adding a fresh, competitive twist that resonates with meme coin investors.

The timing for Maxi Doge’s rise is also notable. With the UK recently lifting its ban on crypto ETNs, the local market could see an influx of new participants eager to explore different corners of the digital asset space. Maxi Doge fits neatly into this landscape, offering newcomers an accessible, low-cap option that still carries strong meme appeal. For those who have been following Dogecoin but are looking for something with a unique identity and potentially higher short-term upside, Maxi Doge could be a compelling pick.

Beyond its strong branding, Maxi Doge’s core perks center on cultivating a community where investors share knowledge, trading tips, and market insights. While it does not claim to have deep utility, the project embraces the speculative nature of meme coins, which is often a key driver for rapid growth in this sector.

The enthusiasm is already translating into tangible results, as Maxi Doge has raised more than $500K in its presale. This momentum suggests that investor confidence is growing, potentially setting the stage for significant gains once it hits the open market.

Some analysts believe that Maxi Doge even has 10x potential.

Conclusion

The UK’s lifting of the ban on crypto ETNs happened a week ago, but its effects continue to persist. The market continues to move up, attracting new buyers. However, for investors looking for parabolic gains, the best crypto to buy now may lie among presales, since they offer early-mover benefits.

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