A major U.K. trading platform warns against adding cryptocurrencies to portfolios following the lifting of a ban on retail investors accessing crypto exchange-traded notes (ETNs). The move aims to support the growth of the U.K.’s crypto industry, but Hargreaves Lansdowne cautions against relying on crypto for financial goals.

While Bitcoin has seen major returns, it remains a highly volatile investment. Hargreaves Lansdowne emphasizes the risks associated with all cryptocurrencies, urging caution. The firm plans to offer the opportunity to speculate with cryptocurrency ETNs to “appropriate clients” starting in 2026.

Institutional interest in cryptocurrencies continues to grow, with Morgan Stanley and JPMorgan making moves in the digital asset space. While some institutions, like JPMorgan, are exploring stablecoins, others, like Warren Buffett, have been critical of cryptocurrencies. Experts see digital assets as offering a hedge against volatility in traditional asset classes.

Read more at CNBC: UK investment platform warns traders to avoid bitcoin, crypto