Virtune adds five new crypto assets to the Virtune Coinbase 50 Index ETP, expanding the index ETP to a total of 26 assets

Core Insights - Virtune has added five new crypto assets to the Virtune Coinbase 50 Index ETP during its quarterly rebalancing, increasing the total number of assets in the index to 26 [1] - The newly added assets are Dogecoin (DOGE), Hedera (HBAR), Bittensor (TAO), Render (RNDR), and Arbitrum (ARB) [1] - The Virtune Coinbase 50 Index ETP is designed to track the Coinbase 50 Europe Index, serving as a benchmark for digital assets similar to the S&P 500 for traditional markets [6] Index Allocation - Prior to rebalancing, the index allocation was as follows: Bitcoin (52.67%), Ethereum (26.74%), XRP (9.33%), and others [3] - After rebalancing, Bitcoin's allocation decreased to 50.00%, while Ethereum's allocation slightly decreased to 26.38%. XRP increased to 9.65%, and Dogecoin was introduced with a 1.85% allocation [4] - The rebalancing process is conducted quarterly to reflect market changes and ensure the index remains representative of relevant crypto assets [4] Performance - The performance of the Virtune Coinbase 50 Index ETP in February was reported at -16.68% [5]