HANetf Unveils World's First Euro-Hedged Bitcoin ETC
HANetf has launched a euro-hedged Bitcoin exchange-traded product (ETP) aimed at European investors who want to gain exposure to bitcoin without being affected by currency movements against the US dollar.
The Arrow Bitcoin EUR Hedged ETC, which will have its currency hedging provided by HSBC, is the world's first euro-hedged crypto ETC. This launch comes after a significant increase in crypto-tracking ETC assets across Europe, with $12 billion held in such assets within the bloc as of June 2026.
HANetf already has experience in the crypto space, having co-launched the Bitwise Physical Bitcoin ETP in 2020 and launching Europe's first leveraged and short cryptocurrency ETPs in 2025. The company's co-founder and co-CEO, Hector McNeil, noted that currency movements can have a significant impact on returns, similar to gold, which is also priced in US dollars.
According to McNeil, 'investors have long understood that currency movements can have a meaningful impact on returns on different asset classes... There is currently over $300 billion of AUM in currency hedged ETFs and ETCs in Europe and currency hedged crypto ETCs are conspicuous by their absence.'