Virtune expands access to crypto investments on Nasdaq Helsinki
February 06, 2025
Swedish company Virtune has launched ETPs for Avalanche (AVAX) and Cardano (ADA) on Nasdaq Helsinki, allowing investors to earn from crypto assets via the stock market. The launch of these new products comes just weeks after the release of five other ETPs, reinforcing the company’s expansion strategy in Europe.
Details of the new crypto products
The Virtune Avalanche ETP provides 1:1 exposure to AVAX, while the Virtune Staked Cardano ETP offers the same for ADA with a 2% annual return from staking. Virtune’s CEO noted that the new ETPs cater to the growing demand from Finnish investors for cryptocurrency diversification.
Security and accessibility for investors
All assets related to these products are stored in cold wallets managed by Coinbase, one of the largest custodians in the crypto industry. This enhances investment security and makes the ETPs accessible to both institutional and retail investors.
Launch of five new crypto ETPs
Two weeks ago, the company introduced five new ETPs, becoming a pioneer in this segment on the Nasdaq Helsinki exchange. These include products based on Bitcoin, Staked Ether, Staked Solana, XRP, and an index ETP. The latter consists of XRP, Litecoin, Solana, Chainlink, Cardano, and Uniswap, with monthly rebalancing for optimal asset allocation.