European ETF issuer HANetf has launched the Arrow Bitcoin EUR Hedged ETC (EBTC), marking the world's first euro-hedged Bitcoin exchange-traded commodity product. The new instrument is designed to provide euro-denominated investors with direct Bitcoin exposure while mitigating currency risk.
HSBC will provide currency hedging services for the product, aiming to eliminate the impact of EUR/USD exchange rate fluctuations on investor returns. This launch expands access to Bitcoin for European investors seeking to avoid volatility associated with dollar-denominated crypto assets.
HANetf Launches World’s First Euro-Hedged Bitcoin ETC
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