HANetf Launches World's First Euro-Hedged Bitcoin ETC

ETF provider HANetf launched the world's first euro-hedged Bitcoin exchange-traded commodity (ETC) on September 29. The product aims to help European institutional investors manage currency risk, as Bitcoin is typically denominated in USD. While HANetf views this as a natural evolution for the asset class, some industry observers note that hedging between two fiat currencies remains a choice between different inflationary assets.