At the beginning of 2024, the FCA restricted UK retail access to Bitcoin ETFs to 'protect' investors. Since then, Bitcoin has risen from £36,854 to £73,600, up 100%, still 12% below its all-time high.

It seems the FCA is protecting investors from the best-performing asset of the decade.

https://www.forbes.com/sites/digital-assets/2024/01/11/uk-undermines-crypto-hub-vision-as-us-approved-bitcoin-spot-etf-approval/