According to CoinMeta, HANetf has collaborated with HSBC to launch Bitcoin hedging products denominated in British pounds and euros, aiming to reduce the impact of fluctuations in the US dollar exchange rate. The British pound hedging product GBTC is already traded on the London Stock Exchange, while the euro hedging product EBTC is traded on Xetra and the Pan-European Euronext Paris Stock Exchange, through HSBC.