Virtune Stellar ETP

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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
Stockholm, 9th of June 2025 – Virtune AB (Publ) ("Virtune") today announces that it has completed the monthly rebalancing of the Virtune Crypto Altcoin Index ETP, listed on Nasdaq Stockholm and Nasdaq Helsinki (ISIN code SE0023260716).In addition to the Virtune Crypto Altcoin Index ETP, Virtune’s product portfolio includes:Virtune Stellar ETPVirtune Staked SolanaVirtune Staked Polkadot ETPVirtune XRP ETPVirtune Avalanche ETPVirtune Litecoin ETPVirtune Chainlink ETPVirtune Arbitrum ETPVirtune Polygon ETPVirt ...
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
Stockholm, 5th of May 2025 - Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP. In addition to the Virtune Crypto Top 10 Index ETP, Virtune's product portfolio includes: Virtune Bitcoin ETPVirtune Stellar ETPVirtune Staked Ethereum ETPVirtune Staked SolanaVirtune Staked Polkad ...
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]