HANetf Launches World’s First Euro-Hedged Bitcoin Fund
Key Highlights: HANetf has launched what it describes as the world’s first euro-hedged Bitcoin exchange-traded commodity. HSBC will provide the currency hedging, designed to reduce the impact of fluctuations between the euro and US dollar. The launch follows strong demand for US Bitcoin exchange-traded funds, which collectively manage $111.1 billion in assets, according to Coinglass. ...