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HANetf lists euro- and sterling-hedged bitcoin ETCs across European exchanges

Asset management platform HANetf has launched currency-hedged bitcoin exchange-traded commodities in London, Frankfurt, and Paris to mitigate U.S. dollar risk for European investors.

Web page screenshot announcing the launch of the Arrow Bitcoin EUR Hedged ETC with ticker EBTC.
Image: @BitcoinMagazine

Asset management platform HANetf has listed exchange-traded commodities (ETCs) providing euro- and pound sterling-hedged exposure to bitcoin, according to reporting by CoinDesk. The products, listed on venues in London, Frankfurt, and Paris, are designed to allow European investors to access bitcoin while reducing the impact of currency fluctuations between the euro, the British pound, and the U.S. dollar.[4][3]

The launch includes what WSJ Markets and Bitcoin Magazine described as the first euro-hedged bitcoin fund and exchange-traded commodity. The euro-hedged product is listed on Euronext Paris under the ticker symbol EBTC, according to market commentator Scott Melker.[2][1][5]

Reports differed slightly on the asset manager's total scale. Bitcoin Magazine characterized HANetf as a $9.2 billion ETF provider, while Melker cited the firm's assets under management at $9.6 billion.[1][5]

Key facts

  • HANetf listed bitcoin exchange-traded commodities (ETCs) offering euro- and pound sterling-hedged exposure.
  • The new ETC listings are hosted across exchanges in London, Frankfurt, and Paris.
  • The euro-hedged bitcoin ETC trades on Euronext Paris under the ticker EBTC.
  • The products are described by WSJ Markets and Bitcoin Magazine as the first euro-hedged bitcoin fund and exchange-traded commodity.
  • The currency-hedged structures are designed to reduce the impact of EUR and GBP moves against the U.S. dollar on bitcoin investment returns.
  • HANetf's size was reported as $9.2 billion by Bitcoin Magazine and $9.6 billion by Scott Melker.

Sources · 5 sources

  1. BM

    Bitcoin Magazine@BitcoinMagazinePost on X ·

    JUST IN: 🇪🇺 $9.2 billion ETF provider HANetf launches the first ever euro-hedged Bitcoin exchange traded commodity 👀 https://t.co/Bg5tFJ2yAj

    Open source
  2. WM

    WSJ Markets@WSJmarketsPost on X ·

    HANetf Launches First Euro-Hedged Bitcoin Fund https://t.co/R8ExgDPVga

    Open source
  3. TM

    That Martini Guy ₿@MartiniGuyYTPost on X ·

    European investors can now get Bitcoin exposure through new currency-hedged ETCs from HANetf. The products are designed to reduce the impact of GBP and EUR moves against the US dollar on Bitcoin returns. Another step towards making Bitcoin easier to access through traditional investment products.

    Open source
  4. CO

    CoindeskArticle ·

    How European investors can now buy bitcoin without taking on U.S. dollar risk Asset management platform HANetf has listed ETCs in London, Frankfurt and Paris providing pound sterling and euro-hedged exposure to bitcoin.

    Open source
  5. TW

    The Wolf Of All Streets@scottmelkerPost on X ·

    NEW: $9.6B ETF PROVIDER HANETF LAUNCHES THE WORLD’S FIRST EURO-HEDGED BITCOIN $BTC EXCHANGE-TRADED COMMODITY (EBTC) ON EURONEXT PARIS

    Open source