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Stratiphy Launches Crypto ETNs and UK Innovative Finance ISAs

According to the Financial Times, Stratiphy is using Innovative Finance ISAs to restore a tax-free route into crypto ETNs for UK investors after recent access restrictions.

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Fact Check
The claim is well supported by the Financial Times result titled "New platform allows UK investors to hold crypto in Isas again," which specifically says Stratiphy is offering both crypto ETNs and Innovative Finance ISAs. The secondary report from crypto.news adds the key contextual detail in the claim: Stratiphy is using IF ISAs to restore a tax-free route into crypto ETNs after HMRC removed access through standard ISAs. TheBlockCo's X post independently corroborates that Stratiphy reopened a tax-free ISA route for UK retail investors to hold crypto ETNs. Confidence is medium rather than high because the full FT article and The Block article were not directly fetched in this run, but the available evidence consistently points in the same direction.
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Summary

Stratiphy has introduced a new route for UK investors to regain tax-free exposure to crypto exchange-traded notes after recent rule changes limited access, according to the Financial Times. The fintech platform is offering crypto ETNs through Innovative Finance ISAs. Existing information indicates Stratiphy offers three 21Shares products linked to Bitcoin, Ethereum and a Bitcoin-gold basket, and previously reported having about £4 million in assets and 2,000 clients.

Terms & Concepts
  • crypto ETNs: Crypto exchange-traded notes are exchange-listed debt instruments designed to track the performance of cryptocurrencies or related baskets without requiring direct token ownership.
  • Innovative Finance ISA: A UK tax-advantaged individual savings account that can hold certain qualifying investments, allowing eligible returns to be earned free of tax.