The Warsaw Stock Exchange (GPW) has marked a significant milestone by officially listing the Bitcoin BETA ETF, offering investors in Poland their first regulated opportunity to gain exposure to Bitcoin. This strategic move aligns GPW with global capital markets that have already embraced Bitcoin-based products, demonstrating a proactive response to the increasing demand from both institutional and retail investors seeking structured and secure pathways to access cryptocurrency as an asset class.

Managed by AgioFunds TFI SA, the newly listed Bitcoin BETA ETF is meticulously designed to provide exposure to Bitcoin through futures contracts traded on the Chicago Mercantile Exchange (CME). A notable feature of this fund is its integrated foreign exchange (FX) risk hedging strategy. This mechanism aims to significantly reduce investors’ exposure to potential fluctuations between the U.S. dollar and the Polish zloty, making it the first ETF on GPW to offer cryptocurrency exposure while actively managing currency volatility.

Michał Kobza, Member of the Management Board of the Warsaw Stock Exchange, emphasized the GPW’s commitment to addressing investor expectations and following the broader trend of diversifying asset classes available on the public market. He further highlighted the enhanced safety of trading, stating that offering Bitcoin exposure through a GPW-listed ETF allows investors to participate in the cryptocurrency market via an instrument that is supervised, cleared, and adheres to the transparency standards of a regulated capital market.

The regulatory approval for the ETF was granted by the Polish Financial Supervision Authority (KNF), which approved the ETF prospectus on June 17, 2025. This approval authorized AgioFunds TFI to issue both Series A and B investment certificates. To ensure market liquidity and efficiency, Dom Maklerski Banku Ochrony Środowiska S.A. has been designated as the market maker for the fund.

Kazimierz Szpak, CEO of BETA TFI SA and BETA ETF Asset Manager at AgioFunds TFI SA, expressed optimism about the launch. He noted that the Bitcoin BETA ETF is a direct response to the escalating demand from investors for new and diverse asset classes, arriving less than a month after their previous new listing. Szpak conveyed his belief that the ETF will successfully meet market expectations and be well-received by the investment community.

The introduction of the Bitcoin BETA ETF brings the total number of exchange-traded funds listed on the Warsaw Stock Exchange to sixteen. This diverse portfolio includes funds tracking key Polish indices such as WIG20, mWIG40, and sWIG80, as well as prominent international benchmarks like the S&P 500, Nasdaq-100, and DAX. GPW’s offerings also extend to sector-specific, leveraged, and inverse ETFs, reflecting a comprehensive and evolving investment landscape.

ETF adoption in Poland has witnessed rapid growth, with GPW data revealing that year-to-date turnover in ETFs has reached PLN 1.9 billion, marking a substantial 94.2% increase compared to the same period in the previous year. By listing its inaugural Bitcoin ETF, GPW not only caters to the rising investor appetite for regulated crypto access but also significantly strengthens Poland’s position within the rapidly evolving global ETF landscape.