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HANetf launches euro-hedged Arrow Bitcoin exchange-traded fund

The Arrow Bitcoin EUR Hedged ETF is designed to reduce the effect of euro and US dollar moves for European investors, with a debut led by HANetf’s $9.2 billion ETF platform.

Reported · Written up by our desk · Market Structure

HANetf has debuted the Arrow Bitcoin EUR Hedged ETF, an exchange-traded commodity intended to give European investors exposure to bitcoin while reducing the impact of movements between the euro and the US dollar, according to Bitcoin Magazine.

The publication noted that bitcoin is priced in dollars, so unhedged products can leave investors exposed to both bitcoin price swings and currency moves versus the euro.

Bitcoin Magazine said the fund is described by HANetf as the world’s first euro-hedged ETF product for the crypto market.

The launch marks HANetf’s effort to bring euro-hedged ETF logic to digital assets, with the firm describing the product as reducing exposure to the second driver, currency fluctuations.

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