Core Insights - Virtune has successfully completed the first rebalancing of the Virtune Stablecoin Index ETP, which is listed on Nasdaq Stockholm, Nasdaq Helsinki, and Xetra [1] Product Portfolio - In addition to the Virtune Stablecoin Index ETP, Virtune's product portfolio includes various ETPs such as Bitcoin, Staked Ethereum, XRP, and several others, totaling 15 different ETPs [2] Index Distribution - As of December 30, before rebalancing, the index distribution was as follows: Ethereum 44.08%, XRP 23.62%, Solana 17.39%, Chainlink 6.12%, Stellar 5.66%, and Aave 3.13%. After rebalancing, the distribution changed to: Ethereum 41.84%, XRP 23.79%, Solana 18.53%, Chainlink 6.56%, Stellar 5.90%, and Aave 3.39% [3] Rebalancing Outcome - The rebalancing did not change the cryptocurrencies included in the index, and the performance of the Virtune Stablecoin Index ETP in December was +0.53% [4] Product Design - The Virtune Stablecoin Index ETP is a physically backed exchange-traded product designed to provide investors with a simple, secure, and cost-effective way to gain exposure to the growing stablecoin ecosystem, following a diversified index of digital assets [5] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges, focusing on empowering global investors with innovative investment products [7]

Core Insights - Virtune has completed the first rebalancing of the Virtune Stablecoin Index ETP, which is listed on Nasdaq Stockholm, Nasdaq Helsinki, and Xetra [1] Product Portfolio - Virtune's product offerings include a variety of ETPs such as Bitcoin, Ethereum, XRP, Solana, and several indices like the Crypto Top 10 Index ETP and the Crypto Altcoin Index ETP [2] Index Allocation - As of December 30th, the index allocation before rebalancing was: - Ethereum: 44.08% - XRP: 23.62% - Solana: 17.39% - Chainlink: 6.12% - Stellar: 5.66% - Aave: 3.13% - After rebalancing, the allocation changed to: - Ethereum: 41.84% - XRP: 23.79% - Solana: 18.53% - Chainlink: 6.56% - Stellar: 5.90% - Aave: 3.39% - The index is rebalanced quarterly to reflect market changes and maintain relevance [3][4] Performance - The Virtune Stablecoin Index ETP recorded a performance of +0.53% in December [5] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto ETPs on regulated European exchanges, focusing on providing innovative investment products aligned with the evolving crypto market [7]

Core Insights - Virtune has partnered with Smartbroker to offer commission-free access to its crypto exchange-traded products (ETPs), enhancing investment opportunities for clients [1][6][8] - The partnership aims to simplify and make crypto investments more accessible through structured monthly savings plans [3][10] Company Overview - Virtune is a regulated Swedish crypto asset manager, managing $370 million in assets and serving over 150,000 investors since its first ETP listing in May 2023 [5] - The company focuses on investor protection and transparency, offering 100% physically backed crypto ETPs [5][12] Partnership Details - The collaboration with Smartbroker includes educational initiatives such as webinars and events to enhance client knowledge about crypto assets and Virtune's ETPs [2][6] - Smartbroker manages over 267,000 brokerage accounts with assets exceeding €14 billion as of the end of 2022, making it a significant player in the online brokerage space [7] Investment Benefits - Investors can now set up long-term, commission-free monthly savings plans in various crypto assets, including Bitcoin, XRP, and Solana [1][10] - All Virtune ETPs are backed by the underlying crypto assets, held securely with Coinbase in cold storage [10]

Core Viewpoint - Virtune has launched the Virtune Stablecoin Index ETP (STABLE) on multiple European exchanges, marking a significant step in providing regulated investment access to the growing stablecoin market [1][2]. Company Overview - Virtune is a regulated Swedish crypto asset manager that has rapidly expanded its offerings, now managing $400 million in assets and serving over 150,000 investors since its first ETP listing in May 2023 [12][17]. - The company focuses on investor protection and transparency, aiming to educate the market about crypto assets and ETPs [12][17]. Product Details - The Virtune Stablecoin Index ETP is the first of its kind in Europe, providing diversified exposure to the blockchains and assets that support stablecoins [5][10]. - The product is physically backed by underlying crypto assets stored with Coinbase in cold storage and has a 1.95% annual management fee [10]. - It is rebalanced quarterly and trades in SEK and EUR [10]. Market Context - The stablecoin ecosystem is experiencing increasing investor interest, driven by the need for stable digital assets that combine the stability of fiat currencies with blockchain efficiency [2][6]. - The growth of stablecoins is one of the fastest-expanding areas in the global financial market, with rising transaction volumes leading to greater demand for the underlying blockchain infrastructure [7][9]. Investment Rationale - Investing in the Virtune Stablecoin Index ETP allows investors to gain broad exposure to the blockchains driving the growth of the stablecoin market, thereby reducing concentration risk [4][9]. - The index captures the increasing utility and network activity of major blockchains like Ethereum and Solana, which are integral to the stablecoin ecosystem [8][9]. Strategic Partnerships - Virtune collaborates with MarketVector, a leader in digital asset indexes, to create investable index solutions that reflect the dynamic infrastructure supporting stablecoins [14][15].