Virtune Stellar ETP

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Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for July 2025 of its Virtune Crypto Top 10 Index ETP - the first crypto index ETP in the Nordics
Globenewswire· 2025-08-05 11:04
Core Insights - Virtune has completed the monthly rebalancing for the Virtune Crypto Top 10 Index ETP, which is listed on Nasdaq Stockholm in both SEK and EUR denominations [1] - The rebalancing aims to ensure that the ETP reflects current market conditions and absorbs volatility in the crypto market [3] Product Portfolio - In addition to the Virtune Crypto Top 10 Index ETP, Virtune offers a range of other ETPs including Bitcoin, Stellar, Staked Ethereum, and more [2] - The Virtune Crypto Top 10 Index ETP includes up to 10 leading crypto assets based on total market capitalization, with a maximum weight of 40% per asset to promote diversification [5] Index Allocation - As of July 31, before rebalancing, the index allocation was: Ethereum 37.10%, Bitcoin 34.43%, XRP 14.81%, Solana 7.56%, and others [2] - After rebalancing, the allocation changed to: Bitcoin 40.00%, Ethereum 31.61%, XRP 14.72%, Solana 7.68%, and others [3] Performance Metrics - The Virtune Crypto Top 10 Index ETP SEK outcome for July was +31.92% [3] - Notable performances in July included Stellar with +68.7%, Ethereum +48.7%, XRP +35.0%, and Uniswap +31.1% [4][5] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges [7] - The company aims to empower global investors with innovative investment products aligned with the evolving crypto market landscape [7]
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 June 2025 of its Virtune Crypto Top 10 Index ETP - the first crypto index ETP in the Nordics
Globenewswire· 2025-07-03 13:30
Core Insights - Virtune has completed the monthly rebalancing for its Crypto Top 10 Index ETP, which is listed on Nasdaq Stockholm in both SEK and EUR denominations [1] - The rebalancing aims to ensure that the ETP reflects current market conditions and absorbs volatility in the crypto market [4] Product Portfolio - In addition to the Virtune Crypto Top 10 Index ETP, Virtune offers a range of other ETPs including Bitcoin, Stellar, Staked Ethereum, and more [2] - The Virtune Crypto Top 10 Index ETP includes up to 10 leading crypto assets based on total market capitalization, with a maximum weight of 40% per asset to promote diversification [6] Index Allocation - As of June 30, before rebalancing, the index allocation was: Bitcoin 42.02%, Ethereum 30.73%, XRP 13.36%, Solana 8.21%, Cardano 2.06%, Chainlink 0.91%, Avalanche 0.79%, Stellar Lumen 0.77%, Litecoin 0.68%, Uniswap 0.47% [2] - After rebalancing, the allocation changed to: Bitcoin 40.00%, Ethereum 32.33%, XRP 13.58%, Solana 8.11%, Cardano 2.25%, Chainlink 0.91%, Stellar 0.83%, Avalanche 0.80%, Litecoin 0.69%, Uniswap 0.50% [3] Performance Overview - The Virtune Crypto Top 10 Index ETP had a performance outcome of -0.85% for June [3] - Notable performers included Uniswap (+17.8%), XRP (+2.95%), and Bitcoin (+2.40%), while the weakest performers were Avalanche (-13.7%) and Cardano (-16.6%) [4][5][6] Company Background - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges [8] - The company aims to empower global investors with innovative investment products aligned with the evolving crypto market landscape [8]
Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for May 2025 of its Virtune Crypto Top 10 Index ETP, the first crypto index ETP in the Nordics
Globenewswire· 2025-06-10 12:47
Core Insights - Virtune has completed its monthly rebalancing for the Virtune Crypto Top 10 Index ETP, which is listed on Nasdaq Stockholm in both SEK and EUR denominations [1] - The rebalancing aims to ensure that the ETP reflects current market conditions and absorbs volatility in the crypto market [4] Product Portfolio - Virtune's product offerings include various ETPs such as Virtune Bitcoin ETP, Virtune Stellar ETP, and Virtune Crypto Altcoin Index ETP among others [2] - The Virtune Crypto Top 10 Index ETP includes up to 10 leading crypto assets based on market capitalization, with a maximum weight of 40% per asset to promote diversification [5] Index Allocation Changes - As of May 30, the index allocation before rebalancing was: Bitcoin 37.93%, Ethereum 33.67%, Ripple 13.66%, Solana 8.94%, Cardano 2.66%, Chainlink 1.01%, Avalanche 0.97%, Litecoin 0.73%, Uniswap 0.44% [2] - After rebalancing, the new allocation is: Bitcoin 40.00%, Ethereum 30.56%, XRP 14.00%, Solana 8.83%, Cardano 2.63%, Chainlink 1.04%, Avalanche 0.95%, Stellar 0.90%, Litecoin 0.73%, Uniswap 0.37% [3] Performance Metrics - The Virtune Crypto Top 10 Index ETP achieved a performance of +14.58% for May [3] - Notable performances in May included Ethereum with +41.1%, Uniswap +15%, Bitcoin +11.1%, Solana +6.11%, and Litecoin +4.29% [4][5] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges [7] - The company aims to empower global investors with innovative investment products aligned with the evolving crypto market landscape [7]
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 Top 10 Index ETP, the first crypto index ETP in the Nordics
Globenewswire· 2025-05-05 08:31
Core Insights - Virtune has completed its monthly rebalancing for the Virtune Crypto Top 10 Index ETP, which is listed on Nasdaq Stockholm in both SEK and EUR denominations [1][2] - The index aims to reflect current market conditions and manage volatility in the crypto market through monthly rebalancing [2] Index Allocation - The index allocation before rebalancing as of April 30 showed Bitcoin at 42.70%, Ethereum at 26.23%, and XRP at 15.95% among others [1] - After rebalancing, Bitcoin's allocation decreased to 40.00%, while Ethereum increased to 27.19%, and XRP rose to 16.24% [1] Performance Overview - In April, the crypto market experienced a strong rebound, with Solana leading at +18.6%, followed by Bitcoin at +14.2% and Avalanche at +11.4% [3][4] - Ethereum saw a decline of -1.45%, and Uniswap was the weakest performer with a drop of -11.6% [3][4] Product Offering - Virtune's product portfolio includes various ETPs such as Bitcoin, Stellar, Staked Ethereum, and others, with a focus on providing diversified exposure to leading crypto assets [1][4] - The Virtune Crypto Top 10 Index ETP is the first of its kind in the Nordic region, allowing investors to gain broad exposure to the crypto market [4] Company Background - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on European exchanges, emphasizing regulatory compliance and strategic collaborations [6]
Virtune AB (Publ) is launching Virtune Stellar ETP on Nasdaq Stockholm
Globenewswire· 2025-04-28 07:10
Group 1 - Virtune, a regulated digital asset manager based in Sweden, has launched the Virtune Stellar ETP on Nasdaq Stockholm, the largest stock exchange in the Nordic region [1][9] - The Virtune Stellar ETP provides exposure to Stellar (XLM), is 100% physically backed, fully collateralized, and denominated in SEK for the Nordic audience [2][9] - The product is available through brokers and banks, including Avanza and Nordnet, and aims to offer a simple and secure way for investors to gain exposure to the crypto market [2][5] Group 2 - Stellar (XLM) is designed for fast, low-cost international payments, particularly for unbanked populations, and is managed by the non-profit Stellar Development Foundation [4] - The CEO of Virtune, Christopher Kock, emphasized the product's potential to provide financial services in emerging markets where traditional banking is lacking [5] - The ETP has a 1.95% annual management fee, with trading starting on April 28, 2025, under the ticker VIRXLM on Nasdaq Stockholm [9]