Virtune AB Rebalances Its Cryptocurrency Index ETP in May

Author: Henry Turner Updated: 05-05-2025 05:02 AM

Virtune AB Announces Successful Monthly Rebalancing

Virtune AB (Publ) has recently wrapped up its monthly rebalancing for the renowned Virtune Crypto Top 10 Index ETP. This pioneering index is recognized as the first of its kind in the Nordic region and is traded on Nasdaq Stockholm, serving both SEK and EUR-denominated products.

Key Index Details

With a focus on innovation and market reflection, the rebalanced ETP includes leading cryptocurrencies based on their total market capitalization. As of the end of April, before the adjustments, the index allocation was as follows:

Bitcoin 42.70%, Ethereum 26.23%, XRP 15.95%, Solana 8.82%, Cardano 2.91%, Chainlink 1.12%, Avalanche 1.07%, Litecoin 0.77%, and Uniswap 0.42%.

Post-Rebalancing Allocation

After the monthly adjustments, the revised index allocation now stands at:

Bitcoin 40.00%, Ethereum 27.19%, XRP 16.24%, Solana 9.81%, Cardano 3.09%, Chainlink 1.24%, Avalanche 1.17%, Litecoin 0.79%, and Uniswap 0.48%.

Performance Insights and Market Trends

This month’s rebalancing did not see any changes to the crypto assets contained within the index. The performance for April indicated a promising outcome for the Virtune Crypto Top 10 Index ETP SEK, with an impressive +4.39% return.

April witnessed a robust recovery in the cryptocurrency market, particularly for Solana, which surged by +18.6%. Bitcoin followed closely with a +14.2% increase, and Avalanche also showed strength with a +11.4% rise. Notably, during this period, Ethereum experienced a slight decline of -1.58%, while Uniswap notably dropped by -11.6%, becoming the weakest performer in the index.

Individual Asset Performances

Breaking down individual asset performance during April:

Solana: +18.6%
Bitcoin: +14.2%
Avalanche: +11.4%
Chainlink: +5.91%
XRP: +4.98%
Cardano: +3.17%
Litecoin: +0.77%
Ethereum: -1.45%
Uniswap: -11.6%

Highlights of Virtune's Innovative Index

The Virtune Crypto Top 10 Index ETP offers a diverse look at the evolving landscape of cryptocurrency. This structured approach allows for a maximum weight of 40% for any single crypto asset, thus promoting investment diversification across the board. Investors can benefit from substantial exposure in the crypto market while balancing their risk across multiple assets.

Engage with Virtune AB

If you are intrigued by the opportunities presented by Virtune’s Exchange Traded Products, don’t hesitate to reach out. You can connect with Virtune at hello@virtune.com to explore how these products can enhance your asset management strategies. For ongoing updates regarding Virtune and its offerings, visit www.virtune.com

Frequently Asked Questions

What is the Virtune Crypto Top 10 Index ETP?

The Virtune Crypto Top 10 Index ETP is a structured product that tracks the performance of the top ten cryptocurrencies based on market capitalization.

How often does Virtune rebalance its index?

Virtune conducts a monthly rebalancing of its index to reflect current market conditions effectively.

What was the performance of the Virtune Crypto Index in April?

The Virtune Crypto Top 10 Index ETP SEK reported an increase of +4.39% in April.

What is the benefit of investing in the Virtune Crypto Index ETP?

This ETP provides exposure to a diversified portfolio of leading cryptocurrencies, helping investors mitigate concentration risk.

Who can I contact for more information about Virtune's products?

You can reach out to Virtune through email at hello@virtune.com for inquiries regarding their investment products.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

Writing for a number of financial blogs has allowed me to interact with readers from novice investors looking for fresh ideas to seasoned investors starting their financial journeys. My mission is to enable everyone to understand and access finance, so enabling you to confidently and clearly reach your financial goals. I appreciate you traveling with me toward success and financial literacy.

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