Warsaw Stock Exchange Launches First Bitcoin ETF via Futures Contracts

The Warsaw Stock Exchange has listed the Bitcoin BETA ETF, approved by the Polish Financial Supervision Authority, offering CME futures-based bitcoin exposure with currency risk hedging and supervised trading safeguards.

BTC

176d ago

Fact Check

The statement is fully corroborated by all provided evidence. Multiple sources, including the official Warsaw Stock Exchange (GPW) website, confirm the listing of the first Bitcoin ETF. Several sources (1, 3, 4, 8) explicitly state that this ETF, named the 'Bitcoin BETA ETF', provides exposure to Bitcoin through futures contracts listed on the Chicago Mercantile Exchange (CME).

Summary

The Warsaw Stock Exchange (GPW) has officially listed the Bitcoin BETA ETF, Poland’s first ETF providing exposure to bitcoin through regulated markets. Managed by AgioFunds TFI SA, the ETF tracks CME-listed bitcoin futures and incorporates FX hedging to reduce USD/PLN volatility. The prospectus was approved by the Polish Financial Supervision Authority (KNF) on June 17, 2025, allowing issuance of Series A and B certificates. BOŚ Bank’s brokerage serves as the market maker. GPW officials emphasized investor safety and transparency, while AgioFunds highlighted strong demand for new asset classes. The ETF brings GPW’s total ETF count to sixteen, with year-to-date ETF turnover reaching PLN 1.9 billion, a 94.2% increase over last year. The listing aligns GPW with global exchanges offering bitcoin ETFs.

Terms & Concepts

Bitcoin ETF: An exchange-traded fund that provides investors regulated access to bitcoin price exposure without holding the cryptocurrency directly.
CME Futures: Bitcoin futures contracts traded on the Chicago Mercantile Exchange, enabling exposure to bitcoin price movements via derivatives.
FX Hedging: A strategy to minimize risk from currency exchange fluctuations, in this case between the U.S. dollar and Polish zloty.