GBP Hedged Bitcoin | GBTC

Arrow Bitcoin GBP Hedged ETC

Bitcoin performance, without US dollar risk.

Case for the GBP Hedged Bitcoin ETC

Bitcoin icon

Take risk from crypto conviction, not currency

The hedged Bitcoin ETP is designed to remove currency exposure, reducing the impact of GBP/USD exchange rate movements and giving investors a more precise way to access Bitcoin.

Less diluted long-term exposure

This product can provide an opportunity to monetise sustained Bitcoin conviction, reducing the noise created over long periods by currency fluctuations.

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More predictable allocations

A currency-hedged Bitcoin exposure may allow investors to allocate to Bitcoin without adding a separate view on currency markets, helping isolate the role Bitcoin plays within a broader portfolio.

Case for GBP Hedged Bitcoin

Bitcoin icon

Separating crypto conviction from currency

Hedging Bitcoin removes currency exposure, reducing the impact of GBP/USD exchange rate movements.

Long-term Bitcoin focus

Hedging Bitcoin provides an opportunity to express sustained Bitcoin conviction, reducing the noise created over long periods by currency fluctuations.

Portfolio analysis presentation icon

More predictable

A currency-hedged Bitcoin exposure may allow for Bitcoin allocations without having to take a separate view on currency markets.

As of 15.10.2026

Fund Objective

Arrow Bitcoin GBP Hedged ETC (GBTC) is designed to give investors exposure to Bitcoin while reducing the impact of currency movements against the US dollar.

This is the world’s first sterling hedged Bitcoin ETP,¹ bringing a new currency hedged structure to the European crypto ETP market. Bitcoin trades globally in US dollars, meaning investors can be exposed not only to the price of Bitcoin, but also to movements in the dollar.

¹ Source: ETFBook. Data as of 31.07.2026

Key Information

Inception Date25/09/2026
Base CurrencyGBP
Net Assets of Product£242,207
TER49 bps
Replication MethodPhysical Replication
DomicileJersey
ISINXS3438605282

Key Risks

Investors’ capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision. Any decision to invest should be based on the information contained in the prospectus and the relevant Final terms. Cryptocurrencies can be highly volatile. Investors should consider frequently monitoring the ETC’s performance in light of their investment goals and risk tolerance.

Product Information

TickerGBTC
Asset ClassDigital Assets

Net Asset Values

As of 15.10.2026
NAV£9.20
Net Assets of Product£242,207
Shares Outstanding26,330
Issuer AUM$109,123,057
Entitlement Per Security1.4980067910

Product Structure

UCITS CompliantNo
UCITS EligibleYes
ISA EligibleNo
SIPP EligibleYes
UK Fund Reporting StatusSeeking

Underlying Information

Underlying Bitwise Core Bitcoin ETP (GBP)
Index CurrencyGBP
Index TickerBTC1 LN

Key service providers

CustodianInteractive Brokers LLC
IssuerHANetf Multi-Asset ETC Issuer Plc

Registrations

uk Flag United Kingdom

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
LSEGBTC LNGBTC.LBQMJB69£2026-09-30
Exchange LSE
Ticker GBTC LN
RIC GBTC.L
SEDOL BQMJB69
CCY £
Listing Date 2026-09-30

Performance

NAV

Source: HANetf, data as of . Please note that all performance figures are showing net data. Performance before inception is based on back-tested data. Back-testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such a strategy would have been. Back-tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index 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 fund is less than 12 months old, YTD field will be calculated since inception. When you invest in ETFs your capital is at risk.

Fund documents

Knowledge hub

Explore our expert-written monthly fund reports, periodic reviews, and key insights.

Press Coverage

HANetf Teams Up With HSBC To Launch First GBP & EUR-Hedged Bitcoin Products

Trustnet

Invesco, Franklin Templeton, HANetf and Lazard unveil new funds

CoinDesk

How European investors can now buy bitcoin without taking on U.S. dollar risk

How to Buy