币界网报道：The U.K. Financial Conduct Authority (FCA) is facing criticism for maintaining its ban on retail access to crypto-based exchange-traded products (ETPs), while allowing institutional investors to trade them. Industry experts argue this creates an unfair two-tier system, limiting ordinary investors from gaining exposure to digital assets through regulated products. The FCA has restricted retail crypto ETPs since 2021, citing consumer protection concerns over market volatility and potential harm. However, critics point out the inconsistency in permitting professional investors to trade these products while denying access to retail participants. Some market participants suggest the FCA should reconsider its stance, as crypto ETPs could provide a safer entry point for retail investors compared to direct crypto purchases. The debate highlights ongoing tensions between regulatory caution and growing demand for regulated crypto investment vehicles in the U.K. market.