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HDRA

HDRA

21Shares Hedera ETP
ISIN
CH1443364232
Investment Thesis
Factsheet
ARKB Reserves
CETH Reserves
$
21.80
Net Asset Value
As of
May 20, 2025

The 21Shares Hedera ETP (ticker “HDRA”) offers investors a liquid way to integrate the ETP, which tracks HBAR, into their portfolios through their bank or broker, tapping into Hedera’s unique role in bringing blockchain technology to real-world business applications.

Assets Under Management:
$
109,017.32
YTD Return:
9.02
%
1D Change:
0.98
%
Staking Yield:
%
Expense Ratio*:
0.21
%

Overview

As of
May 20, 2025

Objective

ARKB seeks to track the performance of bitcoin. The Fund maintains exposure to “spot” bitcoin.

CETH (21Shares Core Ethereum ETF) constitutes the Trust. CETH seeks to track theperformance of ether as measured by the performance of the CME CF Ether-Dollar ReferenceRate, adjusted for the Trust’s expenses and other liabilities. The Fund maintains exposure to“spot” ether.

Disclosure

Disclaimer

Benefits

Battle-tested and future-proof security

Hedera’s Hashgraph consensus algorithm achieves Asynchronous Byzantine Fault Tolerance (ABFT), one of the highest standards of security in distributed systems. This native resilience, combined with an architecture that is highly resistant to quantum threats, makes Hedera a compelling choice for high-value applications where trust, data integrity, and long-term viability are paramount.

Backed by global giants

Hedera flips the typical Web3 playbook, prioritizing real-world adoption through enterprise-grade infrastructure from day one. Its governance is anchored by a council of up to 39 global organizations, including Google, IBM, LG, Dell, and Deutsche Telekom, each operating under transparent, legally binding terms. This makes Hedera uniquely positioned to meet the demands of both enterprise and retail ecosystems at scale.

The Hashgraph engine behind Hedera

Unlike traditional blockchains, Hedera is powered by its Hashgraph architecture, enabling throughput of up to 500,000 transactions per second under testing conditions, making it one of the fastest in the market. Moreover, Hedera’s fees are fixed in dollar terms, offering predictable, ultra-low costs ideal for high-scale, real-time applications.

Sustainability at scale

Hedera is a highly energy-efficient network, consuming just 0.000003 kWh per transaction, making it 1,000 times cleaner than a typical Visa transaction. With its carbon-negative footprint and low-energy consensus model, Hedera is an ideal choice for sustainability-focused projects and eco-conscious investors. 

* Bitcoin cold storage refers to the practice of keeping bitcoins in secure offline environments to safeguard them from potential online threats of hacking and theft. Cold storage provides vital protection for both long-term holders and investors against the numerous risks posed by malicious actors online. By keeping bitcoin holdings entirely offline or "in cold storage", users limit potential attack vectors that could compromise funds.

* Ether cold storage refers to the practice of keeping ether in offline environments to safeguard them from potential online threats of hacking and theft. Cold storage provides vital protection for both long-term holders and investors against the numerous risks posed by malicious actors online. By keeping ether holdings entirely offline or "in cold storage", users limit potential attack vectors that could compromise funds.

Failure by the Trust's Ether Custodian to exercise due care in the safekeeping of the Trust's ether could result in a loss to the Trust. Shareholders cannot be assured that the EtherCustodian will maintain adequate insurance with respect to the ether held by the custodian on behalf of the Trust.

Key Information

Name
21Shares Hedera ETP
Type
Digital Asset ETF
Primary Exchange
Cboe BZX Exchange, Inc.
Inception Date
May 5, 2025
Sponsor
21Shares US LLC
Sub Advisor
Ark Investment Management LLC
Fund Custodian
BitGo
Marketing Agent
Foreside Global Services LLC
AUM
$
109,017.32
Securities Outstanding
5000
NAV per Unit
$
21.80
Net Assets
$
109,017.32
Sales Services
Resolute Investment Distributors, Inc.
-
Fee
0.00
2.50
%

Ticker Symbols

Ticker
HDRA
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Valor
144336423
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ISIN
CH1443364232
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Cusip
04071F102
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Cusip
409191022
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WKN
A4A5EM
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iNAV
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Fees

Expense Ratio
Management Fee
*
0.21%
Total Annual Fund Operating Expenses
2.50
%

Holdings

As of
May 20, 2025
Download CSV
Download CSV
Name
-
Ticker
-
Shares
-
Price
-
Market Value
-
Weight
-
Holdings are subject to change without notice

Underlying Assets

As of
May 20, 2025
Download CSV
All
Social & Gaming
Smart Contract Platform
Payment Platform
Decentralized Finance
Blockchain Accelerator
AI & Data Solution
Cross-Chain Platform
Currency
Allocation
Coin entitlement
Reference Price
-
-
-
GCCS levels

Performance

All
7d
1m
3m
ytd
1y
Year
NAV and Market Price
NAV
$
-
NAV Change
-
Median Bid/Ask Spread (30 Day)
%
Market Price
-
Market Price Change
-

Cumulative Performance

As of
June 30, 2024
Period
1 Month
3 Months
YTD
Since inception
NAV:
-
%
-
%
-
%
-
%
Market Price:
-
%
-
%
-
%
-
%
As of
May 20, 2025
Period
1 month
3 months
ytd
Since Inception
NAV:
9.02
%
9.02
%
9.02
%
9.02
%
Market Price:
-
%
-
%
-
%
-
%

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. Extraordinary performance is attributable in part due to unusually favorable market conditions and may not be repeated or consistently achieved in the future. The Fund’s most recent month-end performance can be found in the fund documents section. Returns for less than one year are not annualized.

Net asset value (“NAV”) returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV of Shares is calculated each business day as of the close of regular trading on the Cboe BZX Exchange, Inc. (“Cboe), generally 4:00 pm Eastern time on each business day the Cboe BZX Exchange, Inc is open for trading. Market returns are based on the trade price at which shares are bought and sold on the Cboe BZX Exvhange, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects the reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF’s shares may differ significantly from their NAV during periods of market volatility.

Premium/Discount

NAV
$
-
4PM Mid-Point
$
-
Difference
-
Premium/Discount
-
q1 2024
q2 2024
q3 2024
q4 2024
Historical Data
Greatest Premium
-
Greatest Discount
-
Number of Days At
Premium:
-
NAV:
-
Discount:
-
Days within percentage of NAV
Percent Of Days ± 0.5% Of NAV:
-
Number Of Days ± 0.5% Of NAV:
-

The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

Why 21Shares

01

Innovative Products

Unlock the future of investing with one of the world's largest suites of crypto ETPs, enhancing product security and the opportunity to gain exposure to digital assets.

02

Trusted Expertise

Invest with more confidence as you explore the crypto space with our team of blockchain and financial industry experts, providing valuable market insights and striving to increase compliance throughout the investment journey in this space.

03

Unmatched Accessibility

Experience numerous avenues to gain exposure to the crypto markets through our extensive product range, which offer more traditional trading via global exchanges and brokers.

Underlying Assets

As of
May 20, 2025
Currency
Allocation
Coin entitlement
Reference Price
Bitcoin
61.92%
0.0000045674
32455.09
LBMA Gold Price

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