HANetf Launches Leveraged and Inverse Crypto ETCs

Asset manager HANetf has introduced leveraged and inverse cryptocurrency exchange-traded commodities (ETCs), giving traders new opportunities to speculate on Bitcoin (BTC) and Ethereum (ETH) price movements.

The white-label ETF provider has launched its first leveraged ETCs, including a short Bitcoin strategy, which allows traders to capitalize on both bullish and bearish trends in the market. These products are available on Nasdaq Sweden with a 2% expense ratio.

The new offerings include:
– 2x Long Bitcoin ETC
– 2x Long Ethereum ETC
– 2x Short Bitcoin ETC

In a March 12 interview with ETF Stream, HANetf co-founder Nik Bienkowski stated the launch is a “natural evolution” for the crypto market. He emphasized that these ETCs provide a transparent, regulated, and efficient way to navigate short-term market movements, irrespective of market direction.

HANetf already manages nine cryptocurrency ETPs with over $1.6 billion in assets. This launch highlights an ongoing trend among asset managers seeking innovative investment strategies. For instance, Bitwise has also recently launched the Bitcoin Standard Corporations ETF, which focuses on companies holding a minimum of 1,000 BTC. The ETF includes holdings in major companies like MicroStrategy, MARA Holdings, and CleanSpark, among others.