tl;dr
Valour Digital Securities Limited (VDSL) and The Hashgraph Group (THG) have launched the Hedera HBAR ETP on Euronext Amsterdam, providing European investors with access to Hedera's native token, HBAR. The ETP, the first physically backed Hedera exchange-traded product under VDSL’s base prospectus, o...
Valour Digital Securities Limited (VDSL) and The Hashgraph Group (THG) have launched the Hedera HBAR ETP on Euronext Amsterdam, providing European investors with access to Hedera's native token, HBAR. The ETP, the first physically backed Hedera exchange-traded product under VDSL’s base prospectus, offers transparent, regulated investment opportunities for both retail and institutional investors.
While altcoin ETPs gain traction in Europe, the regulatory landscape in the US remains uncertain. However, there is potential interest in HBAR as a viable asset class in the US, with expectations for cryptocurrency ETFs, including HBAR, in the near future. Regulatory clarity positions HBAR ahead of assets like XRP and Solana for potential ETF approval.
Valour Digital Securities Limited (VDSL) and The Hashgraph Group (THG) have unveiled a new investment product: the Hedera HBAR ETP, now listed on Euronext Amsterdam. This move provides European investors with unprecedented access to Hedera’s native token, HBAR, further integrating decentralized finance (DeFi) into traditional financial (TradFi) markets.
The HBAR ETP is the first physically backed Hedera exchange-traded product (ETP) under VDSL’s base prospectus. This distinguishes it from the earlier iteration listed on Börse Frankfurt. The new listing offers both retail and institutional investors a transparent, regulated avenue to invest in HBAR.
Even as altcoin ETPs gain traction in Europe, the regulatory playing field in the US remains broadly disconcerted. For example, in the US, only Canary Capital has filed for the first-ever Hedera HBAR ETF with the US SEC (Securities and Exchange Commission). This reflects a potentially budding institutional interest in HBAR as a viable asset class in the US.
According to Eric Balchunas, a prominent ETF analyst, HBAR’s regulatory clarity positions it ahead of assets like XRP and Solana (SOL) for potential ETF approval. This sentiment comes from the fact that HBAR is not classified as a security measure.
Of note is that XRP’s status remains uncertain amid the ongoing legal tussle with the US SEC over its non-security status. Meanwhile, Solana ETFs received a direct rejection from the SEC in December. Ultimately, the approval odds of an HBAR ETF or any other altcoin-based financial instrument in the US remain slim now.
Investors eye the Trump administration for a better regulatory environment under Paul Atkins.