21Shares has launched the Hedera ETP in Europe, providing investors with 100% physically backed exposure to HBAR, the native token of the Hedera network.
The Hedera ETP (HDRA) is now listed on Euronext Amsterdam and Euronext Paris, facilitating institutional and retail investor access to Hedera through traditional brokerage accounts.
ETPs track the price of assets like HBAR; the HDRA ETP's price adjusts throughout the day based on market activity and exchange policies.
In the U.S., regulatory clarity is awaited for spot HBAR ETFs, with the SEC set to make decisions on applications from Canary Capital and Grayscale on June 11.