Valour’s Hedera HBAR ETP Launches on Euronext

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As a seasoned researcher with over two decades of experience navigating the ever-evolving landscape of finance and technology, I find myself intrigued by the recent launch of the HBAR ETP in Amsterdam. This move signifies a significant step towards integrating decentralized finance (DeFi) into traditional financial markets, a trend that aligns with my longstanding prediction of the convergence of these two spheres.

As a cryptocurrency investor, I’m excited to share that Valour Digital Securities Limited (VDSL) and The Hashgraph Group (THG) have introduced a fresh investment opportunity: the Hedera HBAR Exchange-Traded Product (ETP). This innovative offering is now available for trading on Euronext Amsterdam.

Making this shift grants European investors exceptional opportunities to acquire Hedera’s indigenous token, HBAR, thereby deepening the connection between decentralized finance (DeFi) and conventional financial systems (TradFi).

HBAR ETP Launches In Amsterdam

The HBAR ETP, which is the first exchange-traded product (ETP) backed by physical Hedera tokens, is now available under VDSL’s base prospectus. This sets it apart from the previous version listed on Börse Frankfurt. The new listing provides a straightforward and regulated path for both individual and institutional investors to invest in HBAR.

Olivier Roussy Newton, CEO of Valour overseer and DeFi Technologies, stated that this listing expands the chance for both institutional and individual investors to join Hedera’s strong, eco-friendly network.

The Swiss-headquartered firm, known as The Hashgraph Group, which specializes in venture capital and technology, has played a significant role in creating and financing the Hedera HBAR Exchange Traded Product (ETP). This move to list on Euronext Amsterdam underscores their dedication to fostering the growth of high-quality digital assets for institutions.

As an analyst, I’ve noticed that Valour’s innovative strategy aligns closely with the expanding movement in financial markets to incorporate decentralized technologies. This novel approach further contributes to the transformative development and growth we’re seeing across the broader cryptocurrency investment landscape.

Despite altcoin exchange-traded products (ETPs) growing popularity in Europe, the regulatory landscape in the U.S. remains largely unclear. In contrast, for instance, only Canary Capital has filed an application with the U.S. Securities and Exchange Commission (SEC) for the first-ever Hedera HBAR ETF. This could suggest a burgeoning institutional fascination with HBAR as a promising investment option in the American market.

Based on comments from well-known ETF analyst Eric Balchunas, HBAR may have an advantage over cryptocurrencies like Ripple‘s XRP and Solana (SOL) in terms of being approved for exchange-traded funds (ETFs), primarily due to its lack of classification as a security.

Predictions suggest an influx of cryptocurrency ETFs next year, with them coming out gradually rather than all at once. The initial releases may include a combination of Bitcoin and Ethereum ETFs, followed by Litecoin due to it being a fork of Bitcoin, considered as a commodity. Next up could be HBAR because it’s not classified as a security, and finally, there might be ETFs for XRP and Solana, which are currently labeled as securities in ongoing lawsuits,” Balchunas pointed out.

It’s worth mentioning that the status of XRP continues to be unclear due to the ongoing dispute with the U.S. Securities and Exchange Commission regarding its classification as a security. On the other hand, applications for Solana ETFs were directly rejected by the SEC in December.

Essentially, it’s unlikely that an HBAR ETF or similar altcoin financial instruments will be approved in the U.S. anytime soon. However, investors are keeping a close watch on the Trump administration, hoping for a more favorable regulatory climate under Paul Atkins.

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2024-12-19 18:13