HANetf launches world's first currency-hedged Bitcoin ETC

Coindesk··GBEUDE·Read original
3▲1 ▼0Impact / 5
Summary · why it matters

HANetf, a London-based asset management platform, has listed Exchange-Traded Commodities, or ETCs, that track Bitcoin while hedging against swings in the pound sterling and the euro against the US dollar, with HSBC acting as the currency hedging provider, HANetf said in an emailed statement on Wednesday. The Arrow Bitcoin GBP Hedged ETC, or GBTC, is listed on the London Stock Exchange, while its euro-denominated counterpart, EBTC, is listed on the Xetra market in Frankfurt and on Euronext Paris. HANetf said this is the world's first currency-hedged crypto ETC, bringing a new hedging structure to Europe's crypto ETC market. These products are designed to address the fact that Bitcoin is priced almost entirely in US dollars worldwide, leaving investors in Europe and elsewhere exposed to dollar risk. Currency-hedged Gold ETCs are already an asset class worth 23 billion dollars, accounting for roughly 13% of Europe's Gold ETC market, with HANetf offering products hedged in euros, pounds and Swiss francs.

Impact on assets 2

Financials▲ · 1 stocks
HSBC Holdings PLC
HSBA
▲ PositiveCapitalrelevance

HSBC acts as the currency hedging provider for HANetf's new Bitcoin ETCs, a new business mandate.

Others▲ · 1 stocks
Bitcoin
BTC-USD
± Mixedrelevance

Bitcoin is the underlying asset of the new hedged ETCs, but the article reports no fundamental driver for Bitcoin itself.

Off-coverage companies 1

HANetf Asset ManagementPrivate▲ Positive
Technologyrelevance

HANetf launches the world's first currency-hedged Bitcoin ETC, a new product innovation.

© 2026 MarketIVNews