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]

Core Insights - Virtune, a Swedish regulated crypto asset manager, has launched its flagship Virtune XRP ETP on Deutsche Börse Xetra, marking a significant expansion into Germany's market [1][2] - The company has seen rapid growth in the Nordic region, listing 16 products and attracting over 140,000 investors since its inception in May 2023 [2][3] - The Virtune XRP ETP is a 100% physically backed investment product, providing secure exposure to XRP, and has attracted over 50,000 investors and more than USD 125 million in assets under management since its initial listing [4][6] Company Strategy - Virtune's expansion into Germany is a strategic milestone aimed at responding to increasing investor interest and enhancing its presence in the European market [2][3] - The company emphasizes transparency, education, and investor protection as key components of its strategy to drive crypto adoption among retail and institutional investors [5][6] Product Details - The Virtune XRP ETP features a 1.49% annual management fee, trades in EUR, and is available on multiple exchanges including Deutsche Börse Xetra, Nasdaq Stockholm, and Nasdaq Helsinki [8] - The product is backed by Coinbase as the crypto custodian, ensuring institutional-grade security with XRP held in cold storage [4][8]