HANetf Launches World's First Euro-Hedged Bitcoin ETF

ETF provider HANetf has introduced the Arrow Bitcoin EUR Hedged ETF, the first product of its kind designed to mitigate currency risk for European investors. By utilizing HSBC to manage forward contracts, the fund offsets the impact of USD/EUR exchange rate fluctuations on bitcoin investments. The product aims to isolate bitcoin price performance from dollar volatility, applying a strategy commonly used in gold-backed funds.