Bitcoin Magazine

21bitcoin Now Pays Interest on Idle Euros, Payable in BTC 

Austrian Bitcoin platform 21bitcoin will start paying 1.21% annual interest on customers’ uninvested euro balances from today — and letting them collect it in BTC, with no conversion fee.

The company says it’s the first provider in Europe to pay savings interest directly in Bitcoin.

The interest covers every euro in the account, including cash waiting for the next savings-plan purchase or reserved for an open limit order, the company said. There’s no minimum deposit and no lock-up. 

21bitcoin präsentiert den Bitcoin Bonus

Ab sofort erhältst du auf Euro-Guthaben variable Zinsen von 1,21% p.a.*

Und das Beste: Wir tauschen sie auf Wunsch direkt & ohne zusätzliche Gebühren in Bitcoin um.

Aktiviere Zinsen jetzt direkt auf dem Startbildschirm in deiner… pic.twitter.com/nTVOfSZnuk

— 21bitcoin & (@21bitcoinApp) October 1, 2026

“Building wealth with Bitcoin does not begin with the purchase itself, but with the euros set aside for it,” said co-founder and CEO Daniel Winklhammer.

The money is paid by Volksbank Raiffeisenbank Bayern Mitte eG, a German bank that has owned a stake in 21bitcoin since 2023. 

Customer euros sit in a segregated trust account at the bank as instant-access savings. 21bitcoin says it passes the interest on in full and keeps no margin. The company is pitching this as a deliberate contrast to the high-yield promises that brought down several crypto lenders.

The rate is variable, and interest is subject to German withholding tax.

The launch follows 21bitcoin’s zero-fee Bitcoin savings plan, introduced earlier this year. The company last year teamed up with VR Bank Bayern Mitte eG and Sopra Financial Technology GmbH to launch a pioneering European pilot project in hopes to develop an institutional-grade Bitcoin-backed credit product.

Bitcoin-backed loans, insured cold storage, and multisig inheritance custody are slated for 2027.

Founded in 2021, 21bitcoin holds a MiCAR licence in Austria and is authorized by Germany’s BaFin. It reports more than 100,000 users and over €650 million in trading volume.

This post 21bitcoin Now Pays Interest on Idle Euros, Payable in BTC  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

HANetf Debuts Euro-Hedged Bitcoin Fund in World First

A new bitcoin exchange-traded fund has hit Europe — with a twist. 

Debuted by $9.2 billion ETF provider HANetf, the Arrow Bitcoin EUR Hedged ETF gives European investors exposure to bitcoin while reducing the impact of movements between the euro and the US dollar.

Because bitcoin is priced in dollars, European investors who buy an unhedged product are exposed to two things at once: the bitcoin price and the dollar’s moves against the euro. 

JUST IN: $9.2 billion ETF provider HANetf launches the first ever euro-hedged Bitcoin exchange traded commodity pic.twitter.com/Bg5tFJ2yAj

— Bitcoin Magazine (@BitcoinMagazine) September 29, 2026

The new exchange-traded commodity — a fund that gives investors exposure to a commodity — aims to remove the second of these in a product described by HANetf as the world’s first. 

“With this launch, we are bringing the established logic of euro-hedged ETFs to the crypto market,” Hector McNeil, co-founder and co-CEO of HANetf, said in a statement. “Investors have long understood that currency movements can have a meaningful impact on returns on different asset classes, for example gold.”

“Similar to gold, bitcoin is priced in US dollars, meaning European investors can end up taking two views at once: a view on bitcoin itself and a view on the dollar. 

HSBC will provide the currency hedging for the product. Typically, euro-hedged funds work by a bank entering forward contracts to sell the equivalent dollar amount for euros at a fixed rate on a future date. 

If the dollar then weakens against the euro, the loss on the bitcoin’s euro value is offset by a gain on the forward, and vice versa. These contracts are usually rolled monthly, and the hedge is resized when they roll.

Bitcoin ETFs in the U.S. have been a huge success since the Securities and Exchange Commission approved them in 2024. 

Managed by the likes of BlackRock, Fidelity, Morgan Stanley and others, the products allow investors to buy shares that track the price of bitcoin, without having to worry about storing the cryptocurrency themselves. 

The funds now manage a combined total of $111.1 billion in assets, according to Coinglass, following the most successful launch in the history of ETFs. 

This post HANetf Debuts Euro-Hedged Bitcoin Fund in World First first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.