Valuable Insights from Virtune's Monthly Rebalancing Efforts
Virtune AB's Monthly Rebalancing Update: January Overview
Virtune AB (Publ) has successfully completed its monthly rebalancing for the Virtune Crypto Top 10 Index ETP. This index ETP, recognized as the first of its kind in the Nordic region, reflects its commitment to innovation within the cryptocurrency space. Listed on Nasdaq Stockholm, it operates in both SEK and EUR denominations, providing investors with diverse options.
Explore the Variety in Virtune's Product Portfolio
Along with the Virtune Crypto Top 10 Index ETP, the portfolio is rich with additional offerings that cater to various investment interests. These include:
• Virtune Bitcoin ETP
• Virtune Staked Ethereum ETP
• Virtune Staked Solana
• Virtune Staked Polkadot ETP
• Virtune XRP ETP
• Virtune Avalanche ETP
• Virtune Chainlink ETP
• Virtune Arbitrum ETP
• Virtune Staked Polygon ETP
• Virtune Staked Cardano ETP
• Virtune Crypto Altcoin Index ETP
Index Allocation Before and After Rebalancing
As of the end of January, the index allocation before rebalancing presented the following percentages:
Before Rebalancing:
Bitcoin: 39.74%
Ethereum: 30.80%
XRP: 14.03%
Solana: 8.75%
Cardano: 2.75%
Chainlink: 1.37%
Avalanche: 1.23%
Litecoin: 0.75%
Uniswap: 0.59%
Following the rebalancing, the adjustments were as follows:
After Rebalancing:
Bitcoin: 40.00%
Ethereum: 30.59%
XRP: 13.72%
Solana: 9.46%
Cardano: 2.62%
Chainlink: 1.23%
Avalanche: 1.12%
Litecoin: 0.69%
Uniswap: 0.57%
Market Performance and Insights
This month’s rebalancing did not alter the assets within the index. The Virtune Crypto Top 10 Index ETP SEK achieved a notable outcome of +7.42% for January. The month showcased a mixed performance in the crypto market. Particularly, Bitcoin experienced a rise of +9.54%, despite Ethereum witnessing a slight decline of -1.28%. Notably, XRP displayed impressive growth, soaring by +46%, with Solana also showing robust performance at +22.3%.
The detailed performance of the crypto assets in the Virtune Crypto Top 10 Index ETP for January is highlighted below:
XRP +46%
Chainlink +25.3%
Litecoin +24.3%
Solana +22.3%
Cardano +11.6%
Bitcoin +9.54%
Ethereum -1.28%
Avalanche -3.72%
Uniswap -11.1%
Benefits of the Virtune Crypto Index ETP
The Virtune Crypto Top 10 Index ETP offers investors an incredible opportunity. By including up to 10 leading crypto assets, this ETP is structured to reflect the overall crypto market while ensuring that no single asset dominates the index. Each asset is capped at a maximum weight of 40%, which promotes a balanced and diversified investment strategy.
This unique approach enables investors to gain broad exposure to the evolving crypto landscape without the risk associated with heavy concentration on individual assets.
Engagement with Virtune
If you are an institutional investor interested in learning about the investment opportunities that Virtune offers through its ETPs, please don’t hesitate to reach out. Virtune is eager to share insights on how our products can greatly enhance your asset management strategies.
For inquiries, contact us at hello@virtune.com. We also invite you to know more about Virtune and our offerings by visiting www.virtune.com. Subscribe to our newsletters to stay updated on upcoming ETP launches and pertinent news regarding digital assets.
Press Contact
Christopher Kock, CEO Virtune AB (Publ)
Christopher@virtune.com
+46 70 073 45 64
Based in Stockholm, Virtune operates as a regulated digital asset manager and issuer of crypto exchange-traded products across regulated European markets. With adherence to regulations, collaborative efforts with industry leaders, and a proficient team, we empower investors worldwide to access innovative and sophisticated investment products that align with the dynamic global crypto market.
Frequently Asked Questions
What services does Virtune offer?
Virtune offers a range of crypto exchange-traded products, including the Virtune Crypto Top 10 Index ETP, among others, to cater to diverse investment needs.
Where is Virtune AB located?
Virtune AB is headquartered in Stockholm, Sweden, operating as a regulated entity in the digital asset space.
What is the purpose of the monthly rebalancing?
The monthly rebalancing ensures that the index reflects current market conditions and absorbs volatility, providing investors with an accurate representation of the crypto market.
How does the Virtune index ensure diversification?
By capping the maximum weight of each crypto asset at 40%, the index maintains balance and reduces risk associated with over-concentration on a single asset.
What was the performance of previous metrics in January?
The Virtune Crypto Top 10 Index ETP SEK had an outcome of +7.42%, with notable performances from XRP and Solana, which saw significant gains during the month.
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