HANetf Rolls Out Currency-Hedged Bitcoin ETCs for Pound and Euro Investors
HANetf has introduced two new products that allow European investors to buy into Bitcoin without taking on currency risk. The Arrow Bitcoin GBP Hedged ETC and the Arrow Bitcoin EUR Hedged ETC are listed on the London Stock Exchange and Frankfurt's Xetra and Euronext Paris, respectively.
The products use physical replication and have a total expense ratio of 0.49 percent for the euro counterpart. They aim to bring the established logic of Euro-hedged ETFs to the crypto market.
HANetf's co-founder and co-CEO Hector McNeil said, 'With this launch, we are bringing the established logic of Euro-hedged ETFs to the crypto market.'