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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 launches Virtune Bitcoin Prime ETP and Virtune Staked Solana ETP on Deutsche Börse Xetra in Germany
Globenewswire· 2025-07-17 06:43
Company Overview - Virtune is a regulated Swedish digital asset manager that specializes in issuing physically backed crypto exchange-traded products (ETPs) [2][8] - The company has gained the trust of over 140,000 investors across the Nordics since its launch just over two years ago, managing more than $430 million in assets [2] Product Launch - Virtune has launched two new ETPs in Germany: Virtune Bitcoin Prime ETP and Virtune Staked Solana ETP, expanding its offerings on Deutsche Börse Xetra and other German exchanges [1][3] - The Virtune Bitcoin Prime ETP (ticker: VRTB) offers a cost-efficient way to gain exposure to Bitcoin with an annual management fee of just 0.25% [3][7] - The Virtune Staked Solana ETP (ticker: VRTS) provides exposure to Solana along with staking rewards, offering a 3% increased annual return and an annual management fee of 0.95% [4][7] Security and Custodianship - Coinbase serves as the crypto custodian for all of Virtune's ETPs, ensuring institutional-grade security with the underlying crypto assets held in cold storage [4] Market Commitment - The launch of these new products reflects Virtune's commitment to providing secure, transparent, and regulated investment opportunities in the digital asset market for German investors [4][5]