Virtune Crypto Altcoin Index ETP

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Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for July 2025 of its Virtune Crypto Altcoin Index ETP
Globenewswire· 2025-08-04 09:38
Core Insights - Virtune AB has completed the monthly rebalancing of the Virtune Crypto Altcoin Index ETP, which is listed on Nasdaq Stockholm and Nasdaq Helsinki [1] - The Virtune Crypto Altcoin Index ETP aims to provide equal-weighted exposure to leading altcoins, excluding Bitcoin and Ethereum [7] Product Portfolio - Virtune's product offerings include various ETPs such as Virtune Stellar ETP, Virtune Staked Solana ETP, Virtune Staked Polkadot ETP, and others [2] - The index allocation before rebalancing as of July 31 included Stellar (15.18%), XRP (13.31%), Chainlink (12.44%), and others [2] - After rebalancing, the index allocation was adjusted to equal weights of 12.50% for each asset [3] Performance Metrics - The Virtune Crypto Altcoin Index ETP recorded a performance of +37.89% for July [4] - Major altcoins experienced significant gains in July, with Stellar increasing by 68.7%, XRP by 35.0%, and Uniswap by 31.1% [5][6][7] - Other notable performances included Cardano (+29.3%), Chainlink (+26.7%), Avalanche (+25.1%), Litecoin (+23.4%), and Solana (+11.3%) [5][7] Market Position - The Virtune Crypto Altcoin Index ETP is the first of its kind in the Nordic region, allowing investors to gain broad exposure to alternative crypto assets [7] - The structure of equal weighting promotes diversification, reducing concentration risk in any single asset [7] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products, headquartered in Stockholm [9] - The company emphasizes regulatory compliance and strategic partnerships to empower global investors in the evolving crypto market [9]
Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for May 2025 of its Virtune Crypto Altcoin Index ETP
Globenewswire· 2025-06-09 10:38
Core Insights - Virtune AB has completed the monthly rebalancing of the Virtune Crypto Altcoin Index ETP, which is listed on Nasdaq Stockholm and Nasdaq Helsinki [1] - The rebalancing aims to provide equal-weighted exposure to altcoins, resetting the weights of each crypto asset [4] - The performance of the Virtune Crypto Altcoin Index ETP for May was +3.32% [3] Product Portfolio - Virtune's product offerings include various ETPs such as Virtune Stellar ETP, Virtune Staked Solana, Virtune XRP ETP, and others [2] - The index allocation before rebalancing included significant weights for Uniswap (15.51%), Solana (15.00%), and Litecoin (14.56%) [2] - After rebalancing, the index allocation was adjusted to equal weights of 12.50% for each of the components, including the newly added Stellar [3] Market Performance - In May, the crypto market saw a rebound, with Uniswap rising by 15%, Solana by 6.11%, and Litecoin by 4.29% [4][5] - Chainlink was the weakest performer, declining by 2.22% [4][6] - The index includes up to 10 leading alternative crypto assets, excluding Bitcoin and Ethereum, promoting diversification [6] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products [8] - The company emphasizes regulatory compliance and strategic partnerships to empower global investors [8]
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]