Virtune Bittensor ETP
Search documents
Virtune lanserar Virtune Bittensor ETP på Nasdaq Stockholm
Globenewswire· 2025-12-19 08:13
Group 1 - The core announcement is the launch of the Virtune Bittensor ETP, a new innovative crypto exchange-traded product on Nasdaq Stockholm, marking the company's 21st product launch [1][4]. - The Virtune Bittensor ETP is designed to provide investors with a secure and cost-effective way to gain exposure to Bittensor (TAO), featuring a transparent and physically backed structure with institutional-grade security [2][4]. - The product offers 1:1 exposure to Bittensor, is 100% physically backed by TAO, and has an annual management fee of 1.95% [7]. Group 2 - Bittensor is a decentralized network that facilitates the development of artificial intelligence through an open marketplace, where participants contribute models, data, or computational power and are rewarded based on the measurable value of their contributions [4]. - Christopher Kock, CEO of Virtune, expressed enthusiasm about the launch, emphasizing its significance as a natural progression in the company's ETP development in the Nordics and its aim to provide both institutional and retail investors with easy access to Bittensor [4][5].
Virtune is launching Virtune Bittensor ETP on Nasdaq Stockholm
Globenewswire· 2025-12-19 08:13
Group 1 - Virtune, a regulated digital asset manager based in Sweden, has launched the Virtune Bittensor ETP on Nasdaq Stockholm, marking its 21st product offering [1][5] - The Virtune Bittensor ETP is a physically backed exchange-traded product designed to provide investors with secure and cost-effective exposure to Bittensor (TAO) [2][8] - The ETP offers 1:1 exposure to Bittensor, is 100% physically backed by TAO, and has an annual management fee of 1.95% [8] Group 2 - Bittensor is a decentralized network that facilitates the development of artificial intelligence through an open marketplace, rewarding participants based on the value of their contributions [4] - The launch of the Virtune Bittensor ETP is seen as a strategic expansion in the Nordic market, catering to both institutional and retail investors [5][6]