HANetf launches the world's first euro-hedged Bitcoin ETC: the exchange rate hedge is provided by HSBC

European ETF and ETC platform HANetf has launched the Arrow Bitcoin EUR Hedged ETC (EBTC), which, according to HANetf, is the world's first Bitcoin ETC that offers euro exchange rate hedging.

The product aims to provide euro-denominated investors with exposure to Bitcoin prices while reducing the impact of euro to dollar exchange rate fluctuations on investment returns, with the related currency hedging provided by HSBC.