Bitcoin Euro-Hedged ETC Debuts as Apeing Enters Stage 6 Meme Coin Presale
A new European investment product has been launched by HANetf, allowing investors to gain exposure to Bitcoin while hedging against currency fluctuations. The Arrow Bitcoin EUR Hedged ETC (EBTC) is trading on Euronext Paris and listed on Xetra from September 30, with HSBC providing the currency hedge and a 0.49% total expense ratio.
This product addresses the impact of EUR/USD movements on euro-based Bitcoin exposure, reducing the additional currency effect while maintaining exposure to Bitcoin itself.
In related news, Apeing's meme coin presale has entered Stage 6, Fearless FOMO, with a current token price at $0.0006 and a stated listing price of $0.01. The project has now raised over $111K+, sold 481M+ tokens, surpassed 440 holders, and reported the burning of 281,538,380 APEING tokens.