HANetf Debuts Euro-Hedged Bitcoin ETC for Euro-Based Investors

HANetf has launched the world's first euro-hedged Bitcoin exchange-traded commodity (ETC), the Arrow Bitcoin EUR Hedged ETC, trading under the ticker EBTC on both Euronext Paris and Xetra.

The product aims to isolate the Bitcoin trade by neutralizing EUR/USD volatility through daily FX hedging with HSBC. This allows euro-based investors to bet only on Bitcoin's price without worrying about the dollar strengthening or weakening against the euro.

With a total expense ratio of 49 basis points plus a small daily FX hedging cost, EBTC is positioned competitively within the European crypto ETP landscape. The product has already launched with initial net assets of approximately €247,675 and carries the ISIN XS3438606090.