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Warsaw Stock Exchange Lists First Bitcoin ETF, Offering CME Futures Exposure

The fund employs a USD/PLN hedge to limit currency swings for zloty-based investors.

Overview

  • The Bitcoin BETA ETF provides regulated exposure to bitcoin via futures traded on the Chicago Mercantile Exchange rather than holding the asset directly.
  • AgioFunds TFI SA manages the ETF, following KNF approval of its prospectus on June 17, 2025.
  • Dom Maklerski Banku Ochrony Środowiska S.A. serves as market maker to support liquidity and orderly trading.
  • The strategy includes FX hedging with forward contracts to reduce the impact of dollar–zloty moves on returns.
  • The listing expands GPW’s ETF roster to 16 as ETF turnover in Poland reaches PLN 1.9 billion year to date, up about 94% from last year.