Virtune, a Swedish regulated crypto asset manager, has announced the launch of Finland’s first crypto exchange-traded products (ETPs) on Nasdaq Helsinki. Notably, the move provides Finnish investors with secure and regulated access to crypto assets, trading in Euro, through well-established financial instruments.
The listing introduces five crypto ETPs, marking significant milestones in Finland’s financial markets:
- The first crypto ETPs traded on Nasdaq Helsinki.
- The largest simultaneous launch of crypto ETPs in Nordic market history.
- The introduction of regulated staked ETPs to Finnish investors.
This launch expands Finland’s €20.5 billion ETP market, enabling investors to integrate crypto assets into their portfolios through major Nordic financial institutions, including Nordnet.
Virtue: Details of the Listed Products
Virtune’s five euro-denominated ETPs include:
- Virtune Bitcoin ETP (Ticker: VIRBTCE) — Exposure to Bitcoin.
- Virtune Staked Ethereum ETP (Ticker: VIRETHE) — Exposure to Ethereum with staking rewards.
- Virtune XRP ETP (Ticker: VIRXRPE) — Exposure to XRP.
- Virtune Staked Solana ETP (Ticker: VIRSOLE) — Exposure to Solana with a 3% annual staking reward.
- Virtune Crypto Altcoin Index ETP (Ticker: VIRALTE) — An equal-weighted basket of up to 10 leading altcoins, rebalanced monthly.
Significantly, all the products are 100% physically backed, fully collateralized, and held securely in institutional-grade cold storage by Coinbase. To ensure efficient trading, all ETPs will benefit from liquidity provision by Flow Traders, a leading market maker, guaranteeing tight spreads and reliable trading volumes.
Statements from Key Stakeholders
Christopher Kock, CEO of Virtune, emphasized the importance of this milestone: “We are thrilled to pioneer secure and regulated crypto ETPs in Finland. This launch aligns with our vision of accelerating crypto adoption as a mainstream asset class in the Nordics.”
Helena Wedin, European Head of Exchange Traded Products at Nasdaq, added, “With Virtune as the first issuer, we are excited to extend our listing services to Nasdaq Helsinki, enhancing local access to crypto investments.”
Founded in Stockholm, Virtune manages $310 million in assets across 13 ETPs, serving over 110,000 investors. The company’s offerings include single-asset, staked, and index ETPs, designed to simplify crypto investments within traditional portfolios.
Virtune’s focus on transparency, regulation, and education has solidified its position as a trusted provider of innovative crypto investment products.
Looking Ahead
Virtune’s launch signifies a step forward in integrating crypto assets into regulated markets. By prioritizing security, compliance, and investor accessibility, the company positions itself as a leader in the evolving global crypto ecosystem.
