Asset manager HANetf has unveiled leveraged and inverse crypto ETCs, presenting traders with a novel approach to capitalize on Bitcoin and Ethereum price fluctuations.
White-label exchange-traded fund provider HANetf has introduced new opportunities for traders in Europe to speculate on cryptocurrencies by launching its first leveraged exchange-traded commodities and a short Bitcoin (BTC) strategy. These products enable them to wager on price movements of BTC and Ethereum (ETH).
With a 2% expense ratio available on Nasdaq Sweden, traders can now access the 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short Bitcoin ETC. In a recent interview, Hannah Etf co-founder Nik Bienkowski mentioned that the rollout of these leveraged and short products represents a “natural evolution” for the crypto sector, highlighting that “regardless of whether the market outlook is bullish or bearish for Bitcoin and Ethereum, these ETCs provide a transparent, regulated, and effective means of navigating short-term price changes.”
This isn’t HANetf’s inaugural venture into crypto products, as it already manages nine crypto ETPs with a combined total of over $1.6 billion in assets, according to reports.
The launch arrives at a time when asset managers are actively seeking fresh ways to attract investments and diversify their portfolios. For example, Bitwise recently introduced a new Bitcoin Standard Corporations ETF, offering investors the opportunity to bet on publicly traded companies that hold at least 1,000 BTC.
Bitwise indicated that the Bitwise Bitcoin Standard Corporations ETF will start with 10 holdings, which include prominent firms such as MicroStrategy, MARA Holdings, and CleanSpark. Additional names in the index feature Riot Platforms, Boyaa Interactive, and Mike Novogratz’s crypto bank Galaxy Digital.