ETC
−3.9%HANetf lists world's first euro-hedged bitcoin ETC in Europe
Image: Bitcoin MagazineHANetf has listed a euro-hedged bitcoin exchange-traded commodity, trading as EBTC on Euronext Paris and Xetra. The Arrow Bitcoin EUR Hedged ETC is described by HANetf as the world's first product of its kind. HSBC provides the currency hedging. The product carries a total expense ratio of 49 basis points plus a small daily FX hedging cost, and launched with initial net assets of approximately €247,675.
Key points
- HANetf listed a euro-hedged bitcoin exchange-traded commodity, described by the firm as the world's first.
- The product trades on Euronext Paris and Xetra, giving euro-based investors bitcoin exposure.
- HSBC provides the currency hedging that aims to strip out EUR/USD swings for euro investors.
- Unhedged bitcoin products expose euro investors to both bitcoin's price and dollar moves against the euro.
Why it matters
Euro-based investors can hold bitcoin exposure without taking a separate view on the dollar. The listing brings a currency-hedged structure already used in European gold ETCs into crypto markets.
What's unclear
The product is referred to both as an ETF and as an exchange-traded commodity.
The daily FX hedging cost is not quantified, only described as small alongside the 49 basis point ratio.
Price context · BTC
At publication
$83,073.00
Now
$83,073.00
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Bitcoin Magazine
Tier 1
HANetf Debuts Euro-Hedged Bitcoin Fund in World First
Crypto Briefing
Tier 2
HANetf launches world’s first euro-hedged Bitcoin ETP in Europe
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Bitcoin Magazine
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
