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 Virtune Crypto Altcoin Index ETP is the first of its kind in the Nordic region, providing equal-weighted exposure to leading alternative crypto assets, excluding Bitcoin and Ethereum [7] Product Portfolio - Virtune's product offerings include various ETPs such as Virtune Stellar ETP, Virtune Staked Solana, Virtune XRP ETP, and others [2] Index Allocation - As of June 30, before rebalancing, the index allocation was as follows: Uniswap (17.00%), XRP (12.82%), Litecoin (12.67%), Solana (12.49%), Chainlink (11.79%), Stellar Lumen (11.56%), Avalanche (11.13%), Cardano (10.55%) [3] - After rebalancing, the allocation was reset to equal weights of 12.50% for each asset: Solana, XRP, Cardano, Avalanche, Chainlink, Litecoin, Stellar, and Uniswap [3] Performance Overview - The performance of the Virtune Crypto Altcoin Index ETP for June was -4.60% [4] - In June, Uniswap led with a gain of 17.8%, followed by XRP at 2.95%, while Avalanche and Cardano experienced the largest declines at -13.7% and -16.6%, respectively [5][6] Market Context - The crypto markets were mixed in June, with varying performances across different assets [5] - The rebalancing aims to provide equal-weighted exposure to altcoins, promoting diversification and reducing concentration risk in any single asset [4][7]
Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for June 2025 of its Virtune Crypto Altcoin Index ETP
Globenewswire·2025-07-02 07:46