21Shares has launched a new ETP for hedera’s native token, HBAR. This move allows both big and small investors to buy HBAR through regular stock accounts. No need to deal with complex crypto platforms anymore.
The 21Shares Hedera ETP,trading as HDRA,is now available on Euronext Amsterdam and Euronext Paris. Gregg Bell, Chief Business Officer at Hedera Foundation, saeid, “This ETP bridges customary finance and crypto, making it easier for more people to invest in HBAR.”
Valour already offers a similar product in Europe. Their HBAR ETP started on the Frankfurt Stock exchange and later moved to Euronext Amsterdam. The new ETP by 21Shares is a game-changer. It’s fully backed by physical HBAR tokens. Investors can now access Hedera’s network without crypto hassles.
Meanwhile, U.S. investors are waiting for the SEC’s decision on HBAR ETFs. The SEC will decide on June 11.
Canary Capital and Grayscale have both filed for HBAR ETFs.Canary Capital filed with Nasdaq in November,and Grayscale followed in March. Analysts see Hedera ETFs as top contenders for SEC approval.
- 21Shares ETP trades as HDRA on Euronext Amsterdam and Paris.
- Valour’s HBAR ETP is on the Frankfurt Stock Exchange.
- SEC decision on U.S. HBAR etfs due on June 11.
