The Warsaw Inventory Alternate (GPW) has debuted its first Bitcoin-focused exchange-traded fund (ETF), marking a milestone in Poland’s monetary market.
The new product, referred to as the Bitcoin BETA ETF, presents home buyers a regulated technique to achieve publicity to Bitcoin by futures contracts somewhat than direct possession of the cryptocurrency.
Managed by AgioFunds TFI SA, the ETF tracks Bitcoin futures listed on the Chicago Mercantile Alternate (CME), one of many main platforms for crypto derivatives.
To guard buyers from foreign money fluctuations between the U.S. greenback and the Polish zloty, the fund incorporates an FX hedge utilizing ahead contracts. This makes it the primary ETF on the GPW to mix cryptocurrency publicity with built-in foreign money danger administration.
The Polish Monetary Supervision Authority (KNF) authorized the ETF prospectus on June 17, 2025. Following this, AgioFunds TFI issued two collection of funding certificates (A and B). To make sure liquidity and steady buying and selling, Dom Maklerski Banku Ochrony Środowiska S.A. has been appointed as market maker.
Increasing ETF Market in Poland
The launch comes amid robust progress in Poland’s ETF market. GPW now hosts 16 ETFs, protecting native indexes akin to WIG20, mWIG40, and sWIG80. These funds additionally prolong to international benchmarks, together with the S&P 500, Nasdaq-100, and DAX.
ETF buying and selling has surged, with turnover hitting PLN 1.9 billion year-to-date, a 94.2% enhance from the earlier 12 months.
Trade Leaders Welcome the Launch
Trade leaders welcomed the transfer. GPW board member Michał Kobza emphasised that regulated Bitcoin publicity enhances security for buyers cautious of unregulated crypto markets.
Kazimierz Szpak, CEO of BETA TFI SA, added that the ETF displays rising demand for brand new asset courses and presents a clear and simple funding path.
By introducing the Bitcoin BETA ETF, Poland joins monetary hubs such because the U.S. and Germany, strengthening GPW’s function within the international ETF ecosystem whereas assembly rising investor urge for food for digital belongings.
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