XBT Provider, a Sweden-based issuer of bitcoin exchange-traded note (ETN), has announced its integration with Hargreaves Lansdown, a UK-based investment platform for private investors.

With this integration, UK investors would be able to add exposure to bitcoin to their account via Hargreaves Lansdown. XBT Provider manages Bitcoin Tracker One and Bitcoin Tracker Euro, which allows anyone to invest in Bitcoin as ETNs, from anywhere in the world. XBT Provider's prospectus is approved by the Swedish FSA (Finansinspektionen) and its products are listed on Nasdaq Nordic in Stockholm. The two Bitcoin ETNs are now available for online purchasing via Hargreaves Lansdown.

By purchasing the exchange traded bitcoin note issued by XBT Provider, all clients with SIPP accounts and brokerage accounts held at Hargreaves Lansdown would now have self-service digital access to add bitcoin exposure to their portfolio.

“By adding self-service, online dealing, the team at Hargreaves Lansdown is providing UK investors with professional and quick access to the bitcoin space in the UK and greater Europe. This is very exciting for any investors who have been thinking about buying bitcoin but did not want the hassle of security and regulation involved in buying bitcoin directly from exchanges. Now investors can quickly add bitcoin exposure to their portfolio via their brokerage account.” says Ryan Radloff, head of investor relations for XBT Provider, AB.

An existing Hargreaves Lansdown SIPP customer said that buying the XBT provider ETN was very quick and bitcoin exposure was added within minutes.

In addition, clients intending to add bitcoin to their tax-advantaged SIPP accounts just need to login to their usual portal with Hargreaves Lansdown and search for: ‘XBT”, according to the official release.