✉news BusinessCrypto first seen 7 h ago, last 49 min ago, peak #9
HANetf Launches First Euro-Hedged Bitcoin Fund
European ETF provider HANetf has launched what it says is the first euro-hedged Bitcoin fund, giving investors exposure to the cryptocurrency while protecting them from fluctuations between the euro and the US dollar. Bitcoin investment products have mostly been priced in dollars until now, so the move opens the asset class to European investors who previously faced added currency risk.
Why now: European investors are seeking Bitcoin exposure without bearing euro-dollar exchange rate risk, and this is a market first.
Evidence
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