Overview
- HANetf launched the Arrow Bitcoin EUR Hedged ETC, which began trading on Euronext Paris on Tuesday, Sept. 29, 2026, under the ticker EBTC.
- The ETC pairs physical bitcoin exposure with a currency overlay that sells dollar exposure using forward contracts reported to be provided by HSBC.
- The product removes EUR/USD-driven swings from euro returns but does not reduce Bitcoin’s own price volatility, so investors still face full crypto risk.
- EBTC carries a headline fee of 49 basis points plus a separate daily FX hedging cost and adds counterparty and tracking risks that could widen spreads or alter performance.
- The launch extends Europe’s regulated crypto ETP market and gives euro investors a built-in hedging option while the product’s liquidity, real-world tracking and uptake remain untested.