Virtune Expands Its ETP Offerings on Euronext
Virtune, a prominent player in regulated crypto asset management, is taking a bold step by launching the Virtune Sui ETP on Euronext Paris. This launch signifies a milestone in the European digital asset space, catering to a growing demand for innovative investment solutions.
Since its inception, Virtune has garnered the trust of over 150,000 investors, managing more than USD $475 million in assets. This growth underscores its commitment to providing secure, transparent, and regulated investment opportunities within the digital asset landscape.
Introducing the Virtune Sui ETP
The Virtune Sui ETP (Euronext Paris ticker: VRTU) sets itself apart as the most cost-efficient option in Europe at an annual management fee of just 0.95%. Designed to provide seamless access to the Sui network, this ETP is now accessible through brokers and banks, reinforcing Virtune's dedication to investor accessibility and trust.
Key Features of the Virtune Sui ETP
Investors can look forward to several compelling features with the Virtune Sui ETP:
- Direct exposure to Sui, backed 100% by the underlying crypto asset.
- Assets held in cold storage with Coinbase, ensuring institutional-grade security.
- Trading currency in EUR, broadening accessibility for European investors.
- Introduction of the product into local German exchanges, including gettex and Tradegate, enhancing distribution.
Strong Commitment to Innovative Investment Solutions
According to Christopher Kock, the CEO of Virtune, the launch of the Sui ETP is a testament to the company's mission of making digital assets more accessible. He emphasizes the company's focus on providing innovative solutions tailored to the needs of modern investors.
Understanding Sui and Its Potential
Sui (SUI) represents a next-generation blockchain designed for high transaction throughput with minimal fees. By leveraging the Move programming language and an object-centric data model, Sui enables developers to build scalable applications across various sectors, including gaming, decentralized finance (DeFi), and non-fungible tokens (NFTs). With such capabilities, Sui is poised to play a pivotal role in the evolution of digital assets.
About Virtune AB
Headquartered in Stockholm, Virtune stands as one of the fastest-growing issuers of crypto ETPs in Europe. With 19 ETPs in its portfolio and a trusted reputation among investors, Virtune offers a blend of innovation and regulatory compliance that positions it as a leader in the industry. Its products are listed on multiple exchanges, including Deutsche Börse Xetra and Nasdaq Stockholm, contributing to a wide reach among diverse investors.
Virtune prides itself on forming strategic partnerships and aligning with industry leaders to empower investors worldwide. Its mission is to foster accessible investment opportunities amidst the dynamic landscape of the global cryptocurrency market.
Frequently Asked Questions
What is the Virtune Sui ETP?
The Virtune Sui ETP is a cost-efficient exchange-traded product that allows investors to gain exposure to the Sui cryptocurrency.
What are the main benefits of investing in the Sui ETP?
Investors benefit from low management fees, institutional-grade security, and direct access to Sui's growing ecosystem.
Where is the Virtune Sui ETP listed?
The Sui ETP is listed on Euronext Paris and will also appear on local German exchanges for wider distribution.
How does Virtune ensure the security of its ETPs?
Virtune employs Coinbase as its crypto custodian, ensuring all assets are securely stored in cold storage.
Who can invest in the Virtune Sui ETP?
The ETP is available to a broad range of investors through brokers and banks across Europe.
