Twice inverse the performance of Bitcoin
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 Short Bitcoin ETP (2SBT) is designed to offer investors an effective way to access daily short exposure to Bitcoin.
To achieve this, the ETP will hold one or more underlying assets (“Underlying Assets”) which seek to provide investment results that correspond to twice inverse (-2x) the return of Bitcoin for a single day, before fees and expenses. The Underlying Assets do this by holding physical coins, or via derivative instruments giving exposure to Bitcoin, 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 Bitcoin, 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 ETPs 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 Bitcoin
April 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
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