Key Points
- HANetf has launched leveraged and inverse crypto ETCs to bet on Bitcoin and Ethereum price movements.
- The asset manager’s new products are available on Nasdaq Sweden with a 2% expense ratio.
Asset manager HANetf has unveiled leveraged and inverse cryptocurrency exchange-traded commodities (ETCs), offering a new way for traders to speculate on the price fluctuations of Bitcoin and Ethereum.
Exploring New Trading Opportunities
These new products, which include a short Bitcoin strategy, allow traders to wager on the price movements of Bitcoin and Ethereum. They are available on Nasdaq Sweden and come with a 2% expense ratio. Traders can access the 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short Bitcoin ETC.
In a recent interview, HANetf co-founder Nik Bienkowski referred to the launch of the leveraged and short products as a “natural evolution” for the cryptocurrency market. He added that these ETCs offer a transparent, regulated, and efficient way to navigate short-term market movements, regardless of whether traders are bullish or bearish on Bitcoin and Ethereum.
HANetf’s Crypto-Product Portfolio
HANetf is no stranger to crypto-products. The asset manager already offers nine crypto ETPs with over $1.6 billion in combined assets.
The introduction of these new products comes as asset managers continue to explore new ways to attract capital and diversify investment strategies. For example, Bitwise recently launched a new Bitcoin Standard Corporations ETF, enabling investors to speculate on public companies holding at least 1,000 BTC.
Bitwise’s new ETF includes 10 holdings at launch, featuring major companies such as MicroStrategy, MARA Holdings, and CleanSpark. Other names in the index include Riot Platforms, Boyaa Interactive, and Mike Novogratz’s crypto bank Galaxy Digital.