HANetf has launched the Arrow Bitcoin EUR Hedged ETC, the first Bitcoin exchange-traded commodity in Europe designed to hedge against EUR/USD volatility. The product, which trades under the ticker EBTC, is physically backed by Bitcoin and carries the ISIN XS3438606090.
The instrument began trading on Euronext Paris on September 29 and on Xetra on September 30. It utilizes HSBC to manage daily currency hedging, allowing investors to track Bitcoin's dollar price in euros while neutralizing exchange rate fluctuations.
The product features a total expense ratio of 49 basis points, plus an additional daily cost for FX hedging. At launch, the ETC recorded initial net assets of approximately €247 675, with an inception date of September 25.
This launch follows HANetf's previous work in the European crypto space, including the 2020 Bitwise Physical Bitcoin ETP and leveraged crypto products introduced in 2025. The company aims to provide institutional investors with familiar hedging tools.
