Virtune AB Successfully Rebalances Crypto Index ETP Portfolio

Virtune AB Achieves Monthly Rebalancing of Crypto Portfolio

Today, Virtune AB (Publ) has successfully completed its scheduled monthly rebalancing for the Virtune Crypto Altcoin Index ETP, which is prominently listed on Nasdaq Stockholm under the ticker VIRALT. This signifies an important step in maintaining the integrity and performance of the index.

Overview of Virtune's Product Offerings

Besides the Virtune Crypto Altcoin Index ETP, Virtune boasts a diverse range of financial products tailored for crypto investors. 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 Polygon ETP
• Virtune Staked Cardano ETP
• Virtune Crypto Top 10 Index ETP

Key Performance Metrics

As of the end of November, ahead of the rebalancing, the index allocation was as follows:

• XRP: 23.80%
• Cardano: 21.62%
• Avalanche: 12.21%
• Uniswap: 11.67%
• Chainlink: 10.78%
• Solana: 9.98%
• Litecoin: 9.94%

Following the rebalancing, each asset in the index will now hold the same weight of 14.29%, promoting a more equalized exposure across the selected altcoins. This strategy assists investors in maintaining a diversified portfolio, balancing the influence of each cryptocurrency.

Analysis of November's Crypto Market

In November, the cryptocurrency market demonstrated remarkable strength. Specifically, XRP and Cardano made impressive strides, with gains of +281.7% and +216%, respectively. Moreover, both Bitcoin and Ethereum also exhibited significant growth, climbing by 37.4% and 47.4% towards the end of the month.

Performance of Included Crypto Assets

The performances of the altcoins featured in the Virtune Crypto Altcoin Index ETP are noteworthy:

• XRP: +281.7%
• Cardano: +216.0%
• Avalanche: +79.8%
• Uniswap: +68.1%
• Chainlink: +66.9%
• Litecoin: +48.6%
• Solana: +41.3%

Virtune’s Commitment to Innovation

Virtune Crypto Altcoin Index ETP holds the distinction of being the first of its kind in the Nordic region. This unique financial product encompasses up to 10 primary alternative crypto assets, excluding Bitcoin and Ethereum, that are integrated into the Nasdaq Crypto Index. The equal-weighting strategy promotes a broad investment scope, enabling investors to access diverse crypto assets without being overly reliant on the performance of a single digital asset.

Engagement with Investors

Investors interested in discussing the benefits of Virtune's ETP offerings can reach out to the company directly. Virtune encourages potential participants to inquire about asset management strategies and learn more about the innovative financial solutions provided by the firm. For those who wish to stay informed, subscriptions to their newsletters are available by registering on their website.

Contact Information and Company Overview

For any inquiries or additional information, please contact:

Christopher Kock, CEO of Virtune AB (Publ)
Christopher@virtune.com
+46 70 073 45 64

Headquartered in Stockholm, Virtune stands out as a fully regulated digital asset manager and issuer of cryptocurrency exchange-traded products across European exchanges. Their commitment to regulatory compliance, combined with partnerships with industry leaders and a skilled team, allows Virtune to empower global investors with innovative investment products reflecting the evolving landscape of the cryptocurrency market.

Frequently Asked Questions

What is the purpose of the Virtune Crypto Altcoin Index ETP?

The Virtune Crypto Altcoin Index ETP aims to provide equal-weighted exposure to leading alternative crypto assets, assisting investors in diversifying their portfolios.

How did the crypto market perform in November?

November showed strong market momentum, with significant gains from assets like XRP and Cardano, increasing by +281.7% and +216%, respectively.

What is the benefit of equal-weighting in the index?

Equal-weighting helps mitigate the risks associated with any single cryptocurrency's performance, ensuring a more balanced exposure to the overall market.

Who can invest in Virtune's ETPs?

Both institutional and individual investors can explore investment opportunities in Virtune's ETP offerings.

How can I stay updated on Virtune's products and news?

Interested individuals can register their email on Virtune's website to receive newsletters with the latest updates on ETP launches and related news.

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Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.