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crypto.news 2025-06-03 11:16:43

21Shares launches Hedera ETP on Euronext as U.S. HBAR ETF decision looms

21Shares has launched a new HBAR ETP, joining Valour in providing exchange-traded access to Hedera’s native token in Europe. Meanwhile, American investors await the SEC’s decision on the U.S. HBAR ETFs scheduled for June 11. 21Shares just launched a new ETP, offering 100% physically backed exposure to Hedera ( HBAR ). The 21Shares Hedera ETP allows both institutional and retail investors to access Hedera through traditional brokerage accounts, bypassing the need to interact with crypto-native infrastructure. The ETP, trading under the ticker HDRA, is now listed on Euronext Amsterdam and Euronext Paris. “As more institutions seek secure ways to access digital assets, 21Shares continues to lead the way by bridging traditional finance and crypto with clarity and confidence,” said Gregg Bell, Chief Business Officer at Hedera Foundation, in the press release statement . “This collaboration gives investors a straightforward way to access HBAR and brings them closer to a network trusted by leading institutions worldwide.” You might also like: 21Shares joins Canary Capital in the race for SUI spot ETF with Nasdaq listing bid The 21Shares Hedera ETP is the second exchange-traded product offering for HBAR in Europe. The first, launched by Valour in mid-2024, debuted on the Frankfurt Stock Exchange and was later added to Euronext Amsterdam. Meanwhile, in the U.S., ETF issuer Canary Capital has filed for a spot HBAR ETF with Nasdaq , submitting its application to the U.S. Securities and Exchange Commission in November last year. An amended S-1 and a 19b-4 form were submitted on Feb. 24 this year, officially initiating the SEC review process. Grayscale has also entered the race with its own spot HBAR ETF. Nasdaq filed a 19b-4 form on Grayscale’s behalf in early March this year. The SEC’s decision on both of these filings is expected on June 11. It’s also worth noting that industry analysts consider Hedera ETFs among the leading contenders for SEC approval , alongside Litecoin ( LTC ) ETFs. You might also like: Analysts project high approval odds for pending crypto ETFs as SEC delays mount

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