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Warsaw Stock Exchange Lists First Bitcoin ETF for Polish Investors

The KNF‑approved fund delivers regulated CME futures exposure with an FX hedge for currency volatility.

Overview

  • GPW’s Bitcoin BETA ETF offers bitcoin exposure through Chicago Mercantile Exchange futures rather than holding the asset directly.
  • AgioFunds TFI SA manages the fund under the BETA ETF brand, and it employs a PLN/USD hedging strategy using forwards to limit exchange‑rate swings.
  • Poland’s Financial Supervision Authority (KNF) approved the prospectus on June 17, authorizing Series A and B certificates.
  • Dom Maklerski Banku Ochrony Środowiska S.A. serves as market maker to support liquidity on the exchange.
  • The listing raises GPW’s ETF count to sixteen, as ETF turnover has reached PLN 1.9 billion year‑to‑date, up 94.2% from a year earlier.