HANetf Lists Euro-Hedged Bitcoin ETC on Paris and Xetra
The euro-denominated product is physically backed and designed to reduce EUR/USD effects on Bitcoin returns without removing crypto-market volatility.
HANetf’s Arrow Bitcoin EUR Hedged ETC began trading on Euronext Paris on Sept. 29, 2026, and Xetra on Sept. 30, offering euro-based investors Bitcoin exposure with reduced sensitivity to EUR/USD exchange-rate moves.
The product, which trades under the ticker EBTC, is denominated in euros and uses physical replication. Its inception date was Sept. 25, 2026, and its total expense ratio is 49 basis points.
Bitcoin (BTC) is generally priced in U.S. dollars, so an unhedged euro-based investment can be affected by both Bitcoin’s market performance and changes in the exchange rate. EBTC is structured to reduce that currency effect, but it does not eliminate Bitcoin’s price volatility.
EBTC had net assets of €247,675, 22,633 shares outstanding and a net asset value of €10.94 as of Sept. 28, 2026. HANetf Multi-Asset ETC Issuer Plc is the issuer, and the product’s ISIN is XS3438606090.
EBTC is not UCITS-compliant but is UCITS-eligible, and investors may lose capital. The listing gives European investors another exchange-traded route to Bitcoin exposure while keeping the product’s currency denomination in euros.
