virtune

According to Globenewswire, the Swedish regulated crypto asset management company Virtune announced the launch of the Virtune Cryptocurrency Index ETP (STABLE) on Nasdaq Stockholm, Nasdaq Helsinki, and Deutsche Börse Xetra. This product is the first exchange-traded product in Europe focused on the stablecoin ecosystem, providing institutional and retail investors with diversified exposure to stablecoin infrastructure and blockchain.The product is 100% backed by underlying crypto assets stored in Coinbase cold wallets, with an annual management fee of 1.95% and quarterly rebalancing. As of November 4, the index allocation includes: Ethereum 42.9%, XRP 23.5%, Solana 18.43%, Chainlink 6.06%, Stellar Lumen 5.75%, and Aave 3.36%.

ChainCatcher news, Swedish digital asset management company Virtune announced the listing of Virtune Avalanche ETP and Virtune Staked Cardano ETP on Nasdaq Helsinki.Previously, Virtune had launched five crypto ETPs including Bitcoin, Ethereum, Solana, XRP, and a crypto alternative token index.

ChainCatcher news, the Swedish compliant crypto asset management company Virtune announced that Finland's first cryptocurrency ETPs are listed on Nasdaq Helsinki, with a total of five ETP products denominated in euros. All ETPs are 100% physically backed and fully collateralized, namely: Virtune Bitcoin ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Staked Ethereum ETP, and Virtune Crypto Altcoin Index ETP.

ChainCatcher news, Swedish digital asset management company Virtune has listed the Virtune Staked Ethereum ETP SEK on the Stockholm Nasdaq exchange. This exchange-traded product (ETP) tracks the price of Ethereum while offering an additional annual return of up to 5%. Virtune uses non-custodial staking and does not transfer Ethereum to third parties.

ChainCatcher news, the regulated digital asset management company Virtune from Sweden announced that it will list the first physically-backed multi-asset cryptocurrency ETP on Nasdaq Stockholm. This ETP tracks the Virtune Vinter Crypto Top 10 Index (VTOP10) constructed by the Swedish BMR index provider Vinter.This ETP is a validated and tested tool that provides passive exposure to underlying blockchain protocols and serves as a convenient and secure entry point for investors. The physical backing means that all components in the ETP are fully collateralized by the underlying crypto assets. The VTOP10 index provides risk exposure to 85% of the crypto market by investing in the top 10 cryptocurrencies by market capitalization. Virtune will rebalance the index monthly and provide dynamic risk exposure as new cryptocurrencies enter the index. The VTOP10 ETP will be open to both retail and institutional investors and can be traded on the Nasdaq Stockholm exchange like regular securities. (Source link)