Key facts
- HANetf has launched a euro-hedged bitcoin exchange-traded fund.
- The fund aims to mitigate the dual volatility risks of bitcoin price swings and dollar-euro exchange rate movements for European investors.
HANetf has introduced a new exchange-traded fund designed to provide European investors with exposure to bitcoin while simultaneously hedging against currency fluctuations between the euro and the US dollar. This innovative fund seeks to address the dual volatility risks that investors typically face: the inherent price swings of bitcoin and the movements in the dollar-euro exchange rate. By hedging the currency exposure, the fund aims to offer a more stable investment vehicle for those in the Eurozone looking to gain exposure to the cryptocurrency.