One option is to etch only the blade. You can use nail polish, painted on, to mask off a clear stop line for the etch at the front of the handle, and paint it on the front end of the handle just far enough to be able to cleanly etch the whole blade. The tang, from the front of the handle on back, will stay bright.
Or, nail polish/lacquer can be painted onto the entire handle, for the etch process. It will then need to be sanded off after the etch. It will be difficult to leave the tang bare.
The best way is to temporarily pin the handle on, or use bolts and have hidden index pins, or leave the tang or the scales slightly proud, or attach the scales with screws- then you can shape the blade and handle together, remove the handle, etch the blade, and reinstall the handle.