News

New HANetf ETN Debuts on WSE

Investors on the Warsaw Stock Exchange will gain access to a new ETN providing exposure to Ethereum. ETNHAN2LET will debut on 27 October, becoming the 49th ETF, ETC and ETN product listed on GPW and the 13th HANetf instrument available on the Warsaw market.

ETNHAN2LET aims to track movements in the value of Ethereum with 2x leveraged long exposure. This means that its performance is linked to changes in the value of the underlying asset, while the use of leverage magnifies both potential gains and losses. The product carries an annual management fee of 2%.

The instrument is already listed on three European markets. It debuted on Nasdaq Stockholm on 12 March 2025 and is currently also available on Nasdaq Helsinki and Wiener Börse. Assets under management exceed SEK 50 million, equivalent to more than PLN 18 million as at 21 October 2026.

The ETN’s assets are segregated and 100% backed by Ethereum. However, due to the volatility of the underlying asset and the use of financial leverage, ETNHAN2LET involves an elevated level of risk. Raiffeisen Bank International acts as the market maker for the product on the Warsaw market.

“ETF, ETC and ETN products are no longer merely an addition to the Warsaw Stock Exchange’s offering. Today, they are an important part of it, and investors are increasingly incorporating them into their portfolios alongside equities. We are responding to this trend by consistently expanding our offering. The milestone of 50 ETFs on GPW is now within reach,” said Michał Kobza, Member of the Management Board of the Warsaw Stock Exchange.

Following the debut of ETNHAN2LET, 49 ETF, ETC and ETN instruments will be listed on the Warsaw Stock Exchange. In recent months, monthly turnover in these products has exceeded PLN 500 million. More market data and a comprehensive overview of the ETF, ETC and ETN instruments available on GPW can be found in the latest edition of the “Biuletyn ETF na GPW”.