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HANetf Unveils Europe's First Leveraged Crypto ETCs
White-label exchange-traded fund provider HANetf has launched Europe’s first leveraged crypto exchange-traded commodities (ETCs) alongside a short bitcoin strategy, providing new tactical trading tools that are less expensive than spread betting or contracts-for-difference for bets on volatile crypto assets. The 2x Long Bitcoin ETC (2LBT), 2x Long Ethereum ETC (2LET) and 2x Short Bitcoin ETC (2SBT) have listed on the Nasdaq Sweden exchange with total expense ratios (TERs) of 2%. Nik Bienkowski, co-founder and co-chief executive of HANetf, said offering leveraged and short products was a “natural evolution” for ... (full story)