Hedera's native token, HBAR, has experienced a notable price surge today, driven by the launch of a new Hedera HBAR ETP on Euronext Amsterdam. This development marks the first physically backed Hedera product listed on Euronext, expanding access for European investors and enhancing market accessibility. The listing is seen as a significant step in bridging traditional finance with decentralized technologies, offering investors a regulated and transparent way to gain exposure to Hedera's eco-friendly digital asset. "This milestone reflects the relentless efforts of our product team to deliver investment solutions that resonate with today’s demand for transparency, security, and sustainability in digital assets," remarked Elaine Buehler, Head of Product at Valour.
The anticipation of future cryptocurrency ETFs, including those for HBAR, has also contributed to the positive sentiment. Analysts Eric Balchunas and James Seyffart have predicted a wave of cryptocurrency ETFs in 2025, with HBAR being a likely candidate due to its classification as a commodity rather than a security. This outlook aligns with the broader optimism in the crypto market as regulatory changes are expected to pave the way for new digital asset investment products.
HBAR's price has risen by 4.67% today, reaching a current price of $0.297558, with a high of $0.309008 and a low of $0.280484.