Hanetf with Wanetf with White-label-treated fund has launched Europe’s first livered Crypto-exchange raw materials (ETCS) in addition to a short bitcoin strategy, which offers new tactical trading tools that are cheaper than spread gambling or contracts on Volatiele for bets.
The 2x long bitcoin etc. (2LBT)” 2x long Ethereum etc. (2let) And 2x short bitcoin etc. (2SBT) have noted on the Nasdaq Sweden exchange with total cost ratios (ters) of 2%.
Nik Bienkowski, co-founder and co-chief Executive of Hanetf, said that offering livered and short products was a “natural evolution” for the cryptocurrency market.
“Whether it is bullish or bearish on Bitcoin and Ethereum, these etcs offer a transparent, regulated and efficient way to navigate market movements in the short term,” said Bienkowski.
Hanetf already offers a reach of nine cryptocurrency exchange-exchange products (ETPs) with combined assets of more than $ 1.6 billion, which makes an important contribution to the income of the London-based company.
Bitcoin and Ethereum -Prizes gathered strongly after President Donald Trump returned to the White House in November with a promise to ensure that the United States would become the crypto capital of the world. Trump signed an executive order in January To support digital assets and blockchain technology and another in March to create a national cryptocurrency supply.
However, the price of Bitcoin has since withdrawn, which in January of a record high was over $ 109,000 to the $ 80,000, where investors respond negatively to Trump’s announcement on Trump March 6 That the US government will not spend a new money to buy more Bitcoin for a strategic reserve.
The price of Ethereum is also weakened and drops to the most important $ 2,000 Mark after reaching a peak above $ 4,800 in November 2021, according to data provider Coindesk.
The extreme volatility in connection with cryptocurrency prices has encouraged many financial supervisors to give highly formulated warnings about the dangers of investing in digital assets.
In JanuaryThe Bank of England said that cryptocurrencies have “significant risks” for investors.
“Without banks or central authority to protect you, if your ‘money’ is stolen or incorrect, no one is responsible for helping you get back,” said the Bank of England.
However, such warnings have largely been not effective in cooling investors interests or the deterrent of asset managers to get exposure to the activa class.