Official Launch of Virtune Coinbase 50 Index ETP in the Nordics marked by Bell Ringing in Stockholm

Core Insights - Virtune has officially launched the Virtune Coinbase 50 Index ETP in Sweden, marking a significant milestone in its commitment to the Swedish market [1][2] - The product is the first of its kind in Europe to track the Coinbase 50 Europe Index, which includes up to 50 leading crypto assets [3][4] - The Virtune Coinbase 50 Index ETP is designed for both institutional and retail investors, providing regulated and transparent exposure to digital assets [4][7] Product Details - The Virtune Coinbase 50 Index ETP is available to Nordic investors through online brokers such as Avanza, Nordnet, SAVR, and Montrose [2] - Currently, the product holds 21 crypto assets, with plans to expand to all 50 assets pending regulatory and exchange approvals [3] - The product is 100% physically backed by the underlying crypto assets, which are securely stored with institutional-grade custody by Coinbase, and has an annual management fee of 0.95% [7][8] Market Position - The Coinbase 50 Europe Index aims to be the premier global benchmark for digital assets, offering a comprehensive selection of the largest and most relevant crypto assets [4] - The launch at Nasdaq Stockholm demonstrates the effectiveness of updated listing guidelines that enhance access to crypto assets through regulated products [5] - The product is traded in SEK and EUR on Nasdaq Stockholm and Helsinki, further broadening its accessibility [7]