Despite the enthusiasm, analysts warn that retail access does not make crypto suitable for all investors. | Source: Gemini. Key Takeaways European crypto exchange-traded products attracted €972 million in Q3 2025. The FCA will lift its four-year retail ban on Oct. 8, citing a more developed market and improved consumer protections. While analysts view the change as a milestone for crypto adoption, Morningstar warns that extreme volatility means caution must remain. Crypto investment products have ...