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Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for April 2025 of its Virtune Crypto Altcoin Index ETP
Globenewswire· 2025-05-02 10:57
Group 1 - Virtune has completed its monthly rebalancing for the Virtune Crypto Altcoin Index ETP, which is listed on Nasdaq Stockholm and Nasdaq Helsinki [1] - The product portfolio of Virtune includes various ETPs such as Bitcoin, Staked Ethereum, and multiple altcoins [1] - The index allocation before rebalancing on April 30 showed significant weights for Solana (15.60%), Avalanche (15.30%), and Chainlink (14.46%) [1] - After rebalancing, the weights for all included altcoins were reset to 14.29% [1][2] Group 2 - The Virtune Crypto Altcoin Index ETP recorded a performance of +0.56% for April [1] - In April, Solana had the highest performance increase of +18.6%, followed by Avalanche at +11.4% and XRP at +4.98% [3] - Uniswap was the only asset that declined, with a performance of -11.6% [3][4] Group 3 - The Virtune Crypto Altcoin Index ETP is the first of its kind in the Nordic region, providing equal-weighted exposure to leading altcoins, excluding Bitcoin and Ethereum [4] - This structure promotes diversification, allowing investors to gain broad exposure to crypto assets without heavy concentration in any single asset [4] - Virtune is a regulated Swedish digital asset manager, focusing on innovative investment products aligned with the evolving crypto market [6]
Virtune AB (Publ) is launching Virtune Stellar ETP on Nasdaq Stockholm
Globenewswire· 2025-04-28 07:10
Group 1 - Virtune, a regulated digital asset manager based in Sweden, has launched the Virtune Stellar ETP on Nasdaq Stockholm, the largest stock exchange in the Nordic region [1][9] - The Virtune Stellar ETP provides exposure to Stellar (XLM), is 100% physically backed, fully collateralized, and denominated in SEK for the Nordic audience [2][9] - The product is available through brokers and banks, including Avanza and Nordnet, and aims to offer a simple and secure way for investors to gain exposure to the crypto market [2][5] Group 2 - Stellar (XLM) is designed for fast, low-cost international payments, particularly for unbanked populations, and is managed by the non-profit Stellar Development Foundation [4] - The CEO of Virtune, Christopher Kock, emphasized the product's potential to provide financial services in emerging markets where traditional banking is lacking [5] - The ETP has a 1.95% annual management fee, with trading starting on April 28, 2025, under the ticker VIRXLM on Nasdaq Stockholm [9]
CoinShares Selected for BoursoBank's Landmark Crypto ETP Launch
Globenewswire· 2025-03-25 08:06
Core Insights - CoinShares collaborates with BoursoBank to offer five crypto ETPs, marking a significant advancement in crypto adoption in France, providing over 7 million customers access to regulated crypto products [1][2][4] Company Overview - CoinShares is a leading global digital asset manager with over $6 billion in assets under management, known for its transparency, regulatory compliance, and cost-effectiveness [1][4] - The firm is regulated in multiple jurisdictions, including Jersey, France, and the US, and is publicly listed on Nasdaq Stockholm and OTCQX [4] Product Offering - The partnership includes CoinShares' cost-effective crypto ETPs, which are recognized as Europe's most competitively priced offerings [3] - Specific ETPs available include: - CoinShares Physical Bitcoin: 0.25% annual management fees - CoinShares Physical XRP: 1.50% annual management fees - CoinShares Physical Staked Ethereum: 0.00% management fees with a 1.25% annual staking reward - CoinShares Physical Staked Solana: 0.00% management fees with a 3.0% annual staking reward - CoinShares Physical Staked Cardano: 0.00% management fees with a 2.0% annual staking reward [6] Market Context - French retail investors are increasingly interested in digital assets but face challenges accessing regulated platforms, which this partnership aims to address [2] - BoursoBank's reputation as the most affordable French bank for 17 consecutive years enhances its competitive position by integrating CoinShares' products [3]
Digital Asset Acquisition Corp-A(DAAQ) - Prospectus(update)
2025-03-14 21:28
(State or other jurisdiction of incorporation or organization) As filed with the U.S. Securities and Exchange Commission on March 14, 2025. Registration No. 333-284776 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________ AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________ Digital Asset Acquisition Corp. (Exact name of registrant as specified in its charter) ___________________ Cayman Islands 6770 N/A (Primary Standard ...