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Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for July 2025 of its Virtune Crypto Altcoin Index ETP
Globenewswireยท2025-08-04 09:38

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 Virtune Crypto Altcoin Index ETP aims to provide equal-weighted exposure to leading altcoins, excluding Bitcoin and Ethereum [7] Product Portfolio - Virtune's product offerings include various ETPs such as Virtune Stellar ETP, Virtune Staked Solana ETP, Virtune Staked Polkadot ETP, and others [2] - The index allocation before rebalancing as of July 31 included Stellar (15.18%), XRP (13.31%), Chainlink (12.44%), and others [2] - After rebalancing, the index allocation was adjusted to equal weights of 12.50% for each asset [3] Performance Metrics - The Virtune Crypto Altcoin Index ETP recorded a performance of +37.89% for July [4] - Major altcoins experienced significant gains in July, with Stellar increasing by 68.7%, XRP by 35.0%, and Uniswap by 31.1% [5][6][7] - Other notable performances included Cardano (+29.3%), Chainlink (+26.7%), Avalanche (+25.1%), Litecoin (+23.4%), and Solana (+11.3%) [5][7] Market Position - The Virtune Crypto Altcoin Index ETP is the first of its kind in the Nordic region, allowing investors to gain broad exposure to alternative crypto assets [7] - The structure of equal weighting promotes diversification, reducing concentration risk in any single asset [7] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products, headquartered in Stockholm [9] - The company emphasizes regulatory compliance and strategic partnerships to empower global investors in the evolving crypto market [9]