21Shares Launches First Hedera HBAR ETP on European Markets

TLDR:

• 21Shares launches first-ever Hedera ETP (HDRA) on Euronext Paris and Amsterdam.
• The ETP offers 100% physically backed exposure to HBAR with a 2.50% fee.
• Hedera’s energy-efficient Hashgraph enables 500,000 transactions per second.
• ETP is seen as a bridge between regulated finance and Hedera’s blockchain ecosystem.

Investors can now gain regulated exposure to Hedera’s HBAR token through a new exchange-traded product listed on Euronext.

On June 3, 2025, 21Shares launched the 21Shares Hedera ETP (HDRA), giving both retail and institutional investors a direct way to access Hedera’s ecosystem. This move introduces HBAR to traditional finance through regulated channels, backed by a major crypto asset manager. 

With over $10 billion in assets under management, 21Shares aims to bridge digital assets and enterprise markets. The launch may mark a pivotal step in pushing Hedera toward wider institutional adoption.

The 21Shares Hedera ETP, listed under ticker HDRA, is now available on Euronext Paris and Euronext Amsterdam in USD and EUR. The product offers 100% physically backed exposure to HBAR, Hedera’s native token, with a 2.50% management fee.

According to 21Shares, the ETP lets investors integrate HBAR into traditional portfolios via regulated brokerage accounts. Duncan Moir, president of 21Shares and board member of Hedera, stated that HDRA provides a straightforward path for regulated access to blockchain technology.

🚨 JUST IN: 21Shares Launches $HBAR ETP (HDRA) on Euronext!

Duncan Moir, Hedera Board Member & 21Shares President:

“HDRA gives investors a liquid, regulated way to integrate $HBAR into their portfolios—bridging blockchain with real-world enterprise.”

With $10B+ AUM, 21Shares… pic.twitter.com/ACmfOjx2Sx

— Gilmore Estates (@Gilmore_Estates) June 3, 2025

Hedera Network Delivers Enterprise-Grade Performance

Hedera operates on a Hashgraph consensus model, distinct from conventional blockchains. It enables high-speed, low-cost, and energy-efficient transactions, reportedly up to 500,000 per second under testing.

With energy use of just 0.000003 kWh per transaction, Hedera claims to be 1,000 times more efficient than Visa. It is governed by a global council of major enterprises, including Dell, Google, IBM, and Deutsche Telekom, providing trust and stability for enterprise-grade adoption.

Gregg Bell, Chief Business Officer at Hedera Foundation, described the ETP as a bridge between traditional finance and digital assets. He said it simplifies access to HBAR while offering a trusted platform used by leading institutions.

As institutional investors seek compliant routes into crypto markets, this launch could solidify Hedera’s position among enterprise-focused networks. The ETP also aligns with Hedera’s goal of scaling blockchain innovation into mainstream financial systems.

HBAR Price Holds Steady Amid Broader Market Trends

At the time of writing, HBAR trades at $0.1725, according to CoinGecko, reflecting a 0.29% daily drop and a 7.71% weekly decline. Over the past 24 hours, its price has remained in a narrow range between $0.1713 and $0.175.

Despite short-term volatility, technical analysts maintain a bullish long-term outlook. Crypto analyst Egrag identified a macro ascending triangle formation targeting $18. 

The analyst compared HBAR’s potential to XRP’s projected $27 target, suggesting significant upside potential. Key Fibonacci levels at 1.272, 1.414, and 1.618 represent strategic profit-taking zones for traders.