21Shares Drops Hedera HBAR ETP on SIX—Another Crypto Bet for TradFi’s Bored Money

Swiss crypto ETP specialist 21Shares just stamped Hedera’s HBAR with institutional legitimacy—launching a new exchange-traded product on the SIX Swiss Exchange. Because nothing says ’adoption’ like wrapping altcoins in traditional finance packaging.

The move throws HBAR into the ring with other big-name crypto ETPs, letting European investors dabble in Hedera’s enterprise-focused blockchain without the hassle of self-custody. Because who has time for private keys when you’ve got a Bloomberg terminal?

Another day, another crypto product begging Wall Street to take its volatility seriously. At least this one skips the ’to the moon’ memes—progress, sort of.

Hedera - DLT for enterprise use

Hedera Hashgraph, or simply Hedera, is a public, open-source distributed ledger technology (DLT) specifically designed for enterprise applications. Unlike traditional blockchains, Hedera uses a so-called hashgraph architecture, which enables significantly higher transaction speeds, lower costs, and minimal energy consumption. Under test conditions, the network reaches throughput rates of up to 500.000 transactions per second (TPS) - a top-tier value compared to the rest of the market. On the mainnet, the network effectively processes around 10 TPS.

Hedera’s governance is managed by prominent global corporations. The Governing Council includes members such as Google, IBM, LG, Dell, and Deutsche Telekom. This structure combines enterprise-grade stability with a clear roadmap toward decentralization and trust at scale.

Hbar - the backbone of the Hedera economy

The native token HBAR serves as the primary medium of exchange within the Hedera ecosystem. It is used to perform transactions, run smart contracts, and pay network fees. Additionally, HBAR will increasingly be used for staking and network security. The combination of speed, security, and energy efficiency makes HBAR one of the most attractive tokens for institutional use cases.

A key argument in favor of Hedera is its energy efficiency. The energy consumption per transaction is just 0.000003 kWh - according to 21Shares, that’s roughly 1,000 times less than a Visa transaction. This makes Hedera particularly appealing for applications in the realm of sustainable digital infrastructure and tokenized ESG initiatives.

With the new Hedera ETP, investors can easily and securely invest in HBAR - directly via their bank or broker. The ETP provides liquid and regulated access to the Hedera network, with no technical expertise required.