Core Insights - Virtune has completed the first rebalancing of the Virtune Coinbase 50 Index ETP, which is listed on multiple European exchanges [1] - The Virtune Coinbase 50 Index ETP tracks the Coinbase 50 Europe Index, serving as a benchmark for digital assets similar to the S&P 500 for traditional markets [5] Product Portfolio - Virtune's product offerings include various ETPs such as Virtune Bitcoin ETP, Virtune Staked Ethereum ETP, and Virtune Crypto Top 10 Index ETP among others [2] Index Allocation - As of August 28th, the index allocation was as follows: Bitcoin 40.66%, Ethereum 33.84%, XRP 10.86%, and others [3] - Post-rebalancing on August 29th, Bitcoin's allocation increased to 50.00%, while Ethereum decreased to 28.86% [3][4] Rebalancing Details - The index is rebalanced quarterly to reflect market changes, adjusting asset weightings based on market capitalization [4] - No changes were made to the crypto assets included in the index during this rebalancing [5] Performance Metrics - The performance of the Virtune Coinbase 50 Index ETP in August was +3.05% [5] Company Overview - Virtune is a regulated Swedish digital asset manager that issues crypto ETPs on European exchanges, focusing on compliance and strategic collaborations [7]
Virtune AB (Publ) ("Virtune") has completed the first rebalancing for August 2025 of its Virtune Coinbase 50 Index ETP
Globenewswire·2025-09-02 09:47