Twice long the performance of Ethereum
Take advantage of your view of the market environment
Opportunity to potentially magnify returns in one simple trade, based on your view of the market environment.
Efficient trading tool
Simple and efficient to trade, with no need for using futures or margin accounts.
Cannot lose more than you invest
You cannot lose more than the amount invested, unlike other leverage products.
2x Long Ethereum ETP (2LET) is designed to offer investors an effective way to access daily leverage exposure to Ethereum.
To achieve this, the ETP will hold one or more underlying assets (“Underlying Assets”) which seek to provide investment results that correspond to two times (2x) the return of Ethereum for a single day, before fees and expenses. The Underlying Assets do this by holding physical coins, or via derivative instruments giving exposure to Ethereum, including the use of futures contracts or swaps.
Explore our latest video, where Tom Sleep, Head of Northern European Sales at HANetf talks about how investors can use short and leveraged ETPs.
Key Risks
Investors’ capital is at risk, and they may not recover the amount originally invested; independent advice should be sought before making any investment decision. Any decision to invest should be based on the information in the prospectus and relevant Final Terms. Cryptocurrencies can be highly volatile, and while the Underlying Assets aim to track the proposed investment objective, performance is not guaranteed by the issuer. Investing in long leveraged cryptocurrency products carries the risk of magnified losses if the daily performance declines, making them high-risk. Investors in short and leveraged ETPs should understand leverage, daily rebalancing, and compounded daily returns. If the ETP holds an Underlying Asset with a premium or discount (i.e., a difference between its market price and NAV), changes in this premium or discount may negatively impact returns. Over any period longer than a day, the compounded daily leverage return may differ—sometimes significantly—from the intended leverage factor. Investors should frequently monitor the ETP’s performance in light of their investment goals and risk tolerance and only use these ETPs if they can monitor their positions daily or intraday.
* only for professional investors investing via this wrapper in UK
Source: HANetf, data as of . Please note that all performance figures are showing net data. The underlying benchmark is “Ethereum”, performance is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled “Risk Factors” for further details of risks associated with an investment in this product. If product is less than 12 months old, YTD field will be calculated since inception. When you invest in ETCs your capital is at risk.
Coming soon
Explore our expert-written monthly fund reports, periodic reviews, and key insights.
The forces shaping crypto’s next move
August 2026
Sharpening the Blade: How traders use leveraged and short crypto ETPs
May 2025
Practical Uses for Leveraged and Short Crypto ETPs
April 2025
Understanding Daily Leveraged and Short ETPs
Bitcoin’s Year Ahead: Why 2025 Could Be a Halving Hit
December 2024
Crypto Magnified – The leverage update
September 2025
The Investment Case for Ethereum: A Primer
May 2024
Short & leveraged cryptos ETP | Amplify your crypto view — bull or bear?
May 2025 |
AInvest
HANetf Sees 70% Increase in Trading Volumes for Short and Leveraged Crypto ETPs
Money Magpie
Everything You Need to Know About Crypto ETNs as a UK Investor
Citywire
HANetf list suite of leveraged and short crypto ETCs
Select Your Country
Select Your Investor Type
Choose a brokerage
Interactive Broker
You are now leaving HANetf's website and accessing a third-party website. HANetf may provide access to information, products, or services offered on websites that are owned or operated by other companies ("third-party websites"). We provide this access through the use of hyperlinks that automatically move you from a HANetf website to the third-party site.
While we do our best to provide you with helpful, trustworthy resources, HANetf cannot endorse, approve, or guarantee information, products, services, or recommendations provided at a third-party website. Since we may not always know when information on a linked site changes, HANetf is not responsible for the content or accuracy of any third-party website. HANetf shall not be responsible for any loss or damage of any sort resulting from the use of a link on its websites nor will it be liable for any failure of products or services advertised or provided on these linked sites.
HANetf offers you links on an "as is" basis. When you visit a third-party website by using a link on a HANetf site, you will no longer be protected by the HANetf privacy policy or security practices. The data collection, use, and protection practices of the linked site may differ from the practices of HANetf sites. You should familiarize yourself with the privacy policy and security practices of the linked website. Those are the policies and practices that will apply to your use of the linked website, not the HANetf policies and practices.
Here are some tips to help you tell if you have left a HANetf website:
Important Notice: HANetf is a provider of Exchange Traded Funds (ETFs) and Exchange Traded Commodities (ETCs). We do not sell investment products directly to individual investors. Our funds are available through regulated investment platforms and brokers. Our only official website is www.hanetf.com. Any other domain is not affiliated with or authorised by HANetf in any way. If you suspect fraudulent activity, please contact your local financial regulator and/or the police and report the website or individual involved.