Core Insights - Virtune has completed the monthly rebalancing for the Virtune Crypto Top 10 Index ETP, which is listed on Nasdaq Stockholm in both SEK and EUR denominations [1] - The rebalancing aims to ensure that the ETP reflects current market conditions and absorbs volatility in the crypto market [3] Product Portfolio - In addition to the Virtune Crypto Top 10 Index ETP, Virtune offers a range of other ETPs including Bitcoin, Stellar, Staked Ethereum, and more [2] - The Virtune Crypto Top 10 Index ETP includes up to 10 leading crypto assets based on total market capitalization, with a maximum weight of 40% per asset to promote diversification [5] Index Allocation - As of July 31, before rebalancing, the index allocation was: Ethereum 37.10%, Bitcoin 34.43%, XRP 14.81%, Solana 7.56%, and others [2] - After rebalancing, the allocation changed to: Bitcoin 40.00%, Ethereum 31.61%, XRP 14.72%, Solana 7.68%, and others [3] Performance Metrics - The Virtune Crypto Top 10 Index ETP SEK outcome for July was +31.92% [3] - Notable performances in July included Stellar with +68.7%, Ethereum +48.7%, XRP +35.0%, and Uniswap +31.1% [4][5] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges [7] - The company aims to empower global investors with innovative investment products aligned with the evolving crypto market landscape [7]
Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for July 2025 of its Virtune Crypto Top 10 Index ETP - the first crypto index ETP in the Nordics
Globenewswireยท2025-08-05 11:04