TLDR:
Hedera HBAR Exchange-Traded Product Introduced by 21Shares on European Exchanges
Here's the scoop on the latest in the crypto world: 21Shares Hedera ETP (HDRA) Debuts on Euronext.
Table of Contents
- 21Shares Makes a Splash
- Hedera Network: Enterprise-Grade Power
- HBAR Price Analysis
- Let's Dive In
21Shares Makes a Splash
On June 3, 2025, 21Shares makes waves with the launch of the 21Shares Hedera ETP (HDRA) on both Euronext Paris and Amsterdam. It's the first-ever exchange-traded product for Hedera's HBAR token, opening up a regulated path for investors to tap into the Hedera ecosystem.
With more than $10 billion in assets under management, 21Shares aims to link digital assets with enterprise markets, potentially marking a crucial step towards institutional Hedera adoption.
Hedera Network: Enterprise-Grade Power
The Hedera Network boasts a Hashgraph consensus model, a departure from traditional blockchains. This technique promises high-speed, low-cost, and environmentally-friendly transactions, reaching up to 500,000 per second during testing[3]. It's a claim that puts Hedera 1000 times more energy-efficient than Visa.
Hedera's governance, guided by a global council of industry heavyweights like Dell, Google, IBM, and Deutsche Telekom, offers trust and stability for enterprise-grade adoption[3].
HBAR Price Analysis
At present, HBAR is trading at $0.1725, according to CoinGecko, with a daily drop of 0.29% and a weekly decline of 7.71%. Despite short-term volatility, technical analyst Egrag traces a macro ascending triangle formation, setting sights on a potential $18 price target[1].
This bullish outlook aligns with crypto analyst Egrag's projections for XRP's $27 target, suggesting stimulating uptrend potential for HBAR. Essential Fibonacci levels at 1.272, 1.414, and 1.618 serve as strategic profit-taking zones for traders[1].
Let's Dive In
The 21Shares Hedera ETP launch presents an intriguing fusion of traditional finance and Hedera's innovative blockchain ecosystem[2]. By providing regulated access to HBAR, it unlocks investment opportunities for a diverse range of investors, potentially paving the way for increased Hedera adoption and real-world implementations.
This move also highlights Hedera's competitive advantage in terms of scalability and sustainability compared to traditional blockchain technologies. If you're a crypto enthusiast or an investor, this is definitely something to keep an eye on!
[1] https://cointelegraph.com/[2] https://cityam.com/[3] https://coinmarketcap.com/
- The launch of 21Shares Hedera ETP (HDRA) on Euronext could potentially attract investments from a diverse range of individuals, fostering growth and adoption of Hedera technology in the broader financial market.
- The fusion of traditional finance with Hedera's innovative blockchain technology, as demonstrated by the 21Shares Hedera ETP, indicates a burgeoning movement towards incorporating advanced digital assets into mainstream investing.
