Company Overview - Virtune is a regulated Swedish digital asset manager that has launched the Virtune Bitcoin Prime ETP on Nasdaq Stockholm, the largest stock exchange in the Nordic region [1][5]. - The company focuses on providing innovative and sophisticated investment products aligned with the evolving landscape of the global crypto market [5]. Product Details - The Virtune Bitcoin Prime ETP is a physically-backed exchange-traded product (ETP) that offers efficient and low-cost exposure to Bitcoin (BTC) [2]. - It features a competitive annual management fee of 0.25% and is designed with institutional investors in mind, ensuring institutional-grade security and full transparency [2][4]. - Each ETP is backed by 0.001 BTC, with a starting price of approximately 1,000 SEK [4][7]. - The ETP is available for trading in SEK and has the ticker symbol VIRBTCP, with the first day of trading on May 16, 2025 [7]. Market Context - The launch of the Bitcoin ETP comes in response to the accelerating crypto adoption across the Nordics and Europe, alongside increasing institutional demand [4]. - The product aims to provide secure, regulated, transparent, and cost-efficient exposure to Bitcoin, catering to both institutional and retail investors [4].