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rewrite this title Best Crypto to Buy Now as the UK Lifts Ban on Crypto ETNs for Retail Investors

NewsBTC by NewsBTC
June 8, 2025
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The Financial Conduct Authority (FCA) of the UK is all set to lift its ban on cryptocurrency exchange-traded notes (ETNs) for retail investors.

The FCA had banned ETNs in January 2021, citing their volatility and complexity for retail investors.

However, because we’re seeing increasing warmth towards cryptocurrency across the globe, the UK doesn’t want to be left behind.

Keep reading to find out more about the UK’s decision regarding ETNs, how the US also has major pro-crypto legislation in the works, and what the best crypto to buy now is in light of these developments.

UK & UK Embrace Crypto

For those unaware, an ETN is a debt security instrument offered by recognized entities. Its value is tied to an underlying asset, which, in the case of crypto, is a specific coin.

As the price of the underlying asset goes up, the price of the ETN will also increase, and vice versa.

It’s worth noting that crypto ownership in the UK has increased from 18% in 2024 to 24% in 2025. This is more than that of the US.

UK crypto ownership YoY
Image Credit: Gemini.com

Naturally, a growth like this calls for a comprehensive regulatory design to regulate the ownership and use of digital assets in the country.

Meanwhile, in the US, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act is expected to go for a floor vote soon enough.

The GENIUS Act aims to regulate various aspects of stablecoins, such as permitted issuers, transparency, consumer protection, federal and state-level oversight authority, and legal classification.

All in all, a friendlier regulatory environment will lead to a more thriving crypto market. Bitcoin recently made an all-time high of $112K, and with positive and proactive legislative support, it might soon hit $150K, too.

To hop on the crypto train and make the most of its momentum, consider investing in the following altcoins.

1. Snorter Token ($SNORT) – Best Crypto to Buy Now, the Fastest and Most Affordable Trading Bot

Increased crypto adoption will directly impact the growth of meme coins, which is already among the most profitable niches of the crypto space. As a result, Snorter Token could see massive growth in the coming weeks.

It’s a Telegram-native trading bot designed to snipe (buy) the best meme coins as soon as they’re launched using a contact address or pool ID.

This way, it will help you outsmart the bots and whales circling like sharks in the crypto market.

Snorter Token ($SNORT)

Snorter Bot is mighty secure, too. It’s got honeypot and rugpull detection, mint trap detection, real-time blacklist scans, and freeze alerts.

Other useful features include copy-trading tools, portfolio tracking, and the lowest trading fees (just 0.85%) of all competitors if you hold $SNORT.

You can become an early investor in this awesome meme coin with real utility by buying into its presale.

The Snorter Token presale is fairly new but has still managed to raise over $575K. Each token is currently priced at just $0.0947.

2. BTC Bull Token ($BTCBULL) – Best Bitcoin-Themed Meme Coin Offering Free $BTC Airdrops

BTC Bull Token ($BTCBULL) will help you directly benefit from Bitcoin’s upcoming bull run, but at a fraction of the cost.

It’ll do so in two ways:

First, you’ll profit from a substantial increase in $BTCBULL’s price. According to our predictions, BTC Bull Token can reach $0.0096 by 2026 – a 3.7x jump from its current price of $0.00255.
Second, you’ll benefit from BTC Bull Token’s free Bitcoin airdrops.

A striking feature, the aforementioned $BTC airdrops will take place when Bitcoin reaches $150K and $200K for the very first time.

BTC Bull Token ($BTCBULL)

However, only those who hold their $BTCBULL tokens in Best Wallet and participate in the airdrop events on social media will be eligible for free $BTC.

Even better for $BTCBULL owners, the project will regularly shave off a part of the token supply. This will increase the crypto’s demand, which would then, in all likelihood, crank up its price.

Buy BTC Bull Token now for just $0.00255 each. The project has emerged as one of the best crypto presales, with nearly $7M in early investor funding.

3. KoKoK The Roach ($KOKOK) – Viral New Meme Coin with Massive Potential

KoKoK The Roach ($KOKOK) is a new meme coin that launched towards the end of May but has risen to become a force to reckon with in the entire crypto space.

$KOKOK is up over 310% since its inception, including a chunky 28% gain over just the past seven days.

This fascinating ‘disgusting’ meme coin is proof that degens have enough love to share with other animals, too, besides cute dogs, cats, and frogs.

KoKoK The Roach ($KOKOK)

‘The King of the Drain Pipes’ might be a fitting description for $KOKOK, but the fact remains that it could soon surge past its all-time high of around $0.20 and become one of the greatest meme coins of this year.

It’s currently trading at $0.1724, with a market capitalization of $35M and a trading volume of $1.13M (up 110% over the past 24 hours).

Increasing Crypto Adoption Notwithstanding, DYOR Is Necessary

Despite the market’s increasing bullish outlook on the back of pro-crypto regulatory reforms, there’s no guaranteeing any returns on specific coins.

The crypto market is highly unpredictable and volatile, so kindly do your own research before investing. Our articles are purely informational, not financial advice.

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