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Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for May 2025 of its Virtune Crypto Altcoin Index ETP
Globenewswire·2025-06-09 10:38

Core Insights - Virtune AB has completed the monthly rebalancing of the Virtune Crypto Altcoin Index ETP, which is listed on Nasdaq Stockholm and Nasdaq Helsinki [1] - The rebalancing aims to provide equal-weighted exposure to altcoins, resetting the weights of each crypto asset [4] - The performance of the Virtune Crypto Altcoin Index ETP for May was +3.32% [3] Product Portfolio - Virtune's product offerings include various ETPs such as Virtune Stellar ETP, Virtune Staked Solana, Virtune XRP ETP, and others [2] - The index allocation before rebalancing included significant weights for Uniswap (15.51%), Solana (15.00%), and Litecoin (14.56%) [2] - After rebalancing, the index allocation was adjusted to equal weights of 12.50% for each of the components, including the newly added Stellar [3] Market Performance - In May, the crypto market saw a rebound, with Uniswap rising by 15%, Solana by 6.11%, and Litecoin by 4.29% [4][5] - Chainlink was the weakest performer, declining by 2.22% [4][6] - The index includes up to 10 leading alternative crypto assets, excluding Bitcoin and Ethereum, promoting diversification [6] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products [8] - The company emphasizes regulatory compliance and strategic partnerships to empower global investors [8]