Virtune Upgrades Index Provider for Enhanced ETP Management
Virtune is excited to announce a strategic shift in its index provider, transitioning to MarketVector Indexes effective May 12, 2025. This change marks a new chapter for Virtune's existing index exchange-traded products (ETPs), ensuring that investors continue to benefit from reliable and innovative investment solutions.
Announcement of New Index Provider
With the change to MarketVector, Virtune assures that all existing ETPs will still operate smoothly without any disruption to customer trading activities. This transition entails a complete overhaul of the index administration, thereby enhancing the overall management of Virtune's ETP framework.
Details of the Transition
Effective from the specified date, MarketVector will take over as the index administrator, index calculation agent, and reference price provider for Virtune's suite of ETPs. This change will be reflected in the final terms of the products, which will be available for review shortly.
Impact on Investors
Investors need not worry about making any changes to their investments as this transition aims to maintain the integrity and performance of the indexes involved. In fact, the structure of the underlying indexes will remain largely unchanged, thus guaranteeing the same level of reliability.
Specific ETP Changes
This update includes specific changes to several of Virtune's flagship products:
- Virtune Crypto Top 10 Index ETP SEK (ISIN: SE0020052207): Transitioning to the Virtune Crypto Top 10 Index produced by MarketVector.
- Virtune Crypto Top 10 Index ETP EUR (ISIN: SE0020052215): Also changing to the Virtune Crypto Top 10 Index from MarketVector.
- Virtune Crypto Altcoin Index ETP (ISIN: SE0023260716): Moving to the Virtune Crypto Altcoin Index by MarketVector.
All methodology and components remain consistent with prior versions, minimizing any potential effects on investors’ positions.
Reference Price Updates
In conjunction with the new index provider, reference prices for various ETPs will now be sourced from MarketVector. This change signals enhanced accuracies in daily Net Asset Values, fostering better pricing for investors. The affected ETPs include:
- Virtune Bitcoin ETP (ISIN: SE0020845709)
- Virtune Staked Ethereum ETP (ISIN: SE0020541639)
- Virtune Staked Solana ETP (ISIN: SE0021309754)
- Virtune Staked Polkadot ETP (ISIN: SE0021148129)
- Virtune XRP ETP (ISIN: SE0021486156)
- Virtune Avalanche ETP (ISIN: SE0022050092)
- Virtune Chainlink ETP (ISIN: SE0021149259)
- Virtune Arbitrum ETP (ISIN: SE0021310133)
- Virtune Staked Polygon ETP (ISIN: SE0021630217)
- Virtune Staked Cardano ETP (ISIN: SE0021630449)
- Virtune Litecoin ETP (ISIN: SE0023951082)
About Virtune and MarketVector
Virtune operates as a regulated digital asset manager from its headquarters in Stockholm, providing innovative products on European exchanges. Through regulatory compliance and strategic partnerships, Virtune is focused on enhancing investor access to advanced investment solutions.
On the other side, MarketVector Indexes is recognized as a regulated benchmark administrator in Europe, renowned for its comprehensive range of thematic and digital asset indexes. By overseeing innovations in indexing, MarketVector continues to support a broad spectrum of issuers in the financial sector.
Frequently Asked Questions
What is the significance of the change in index provider?
The transition to MarketVector aims to enhance the management and performance of Virtune's ETPs while assuring investors of no disruption to their investments.
Will investors need to take any action due to this change?
No action is required from investors as the switch to MarketVector is designed to be seamless, ensuring continued stability.
What are the main ETPs affected by this transition?
Key ETPs include the Virtune Crypto Top 10 Index and various other crypto-related ETPs, which will now utilize MarketVector's indexes for their calculations.
How will this change affect the performance of ETPs?
The methodology and components of the affected indexes will remain unchanged, thereby maintaining expected performance levels.
Who can investors contact for more information?
Investors can reach out to Christopher Kock at Virtune for any inquiries at Christopher@virtune.com or call +46 70 073 45 64.
