Virtune Expands Crypto Offerings with Two New ETPs in Germany

Virtune's New ETP Launch in Germany
Swedish regulated crypto asset manager Virtune is excited to announce the launch of its latest products: the Virtune Bitcoin Prime ETP and the Virtune Staked Solana ETP. These new offerings are now available for trading on Deutsche Börse Xetra, marking a significant expansion in the European crypto investment market.
About Virtune and Its Innovative Approach
Since its inception, Virtune has made a mark in the digital asset management space, earning the confidence of over 140,000 investors in the Nordics alone. With assets under management exceeding $430 million, the company stands out as a leader in regulated crypto investment products across Europe.
The Virtune Bitcoin Prime ETP
The Virtune Bitcoin Prime ETP (ticker: VRTB) represents a simple and cost-effective avenue for investors looking to gain exposure to Bitcoin. With an annual management fee set at a low 0.25%, this product is designed to make Bitcoin investing accessible and efficient.
Details of the Bitcoin Prime ETP
- Completely physically backed by Bitcoin stored securely in cold storage with Coinbase.
- Trading currency is in Euros, making it convenient for European investors.
- Investors can begin trading this ETP on the Xetra Exchange, with its first day of trading marked by excitement among the crypto community.
Introducing the Virtune Staked Solana ETP
Alongside the Bitcoin product, Virtune is also launching the Staked Solana ETP (ticker: VRTS). This product is unique in its offering, providing investors not just exposure to Solana but also the opportunity for enhanced returns through staking rewards.
Key Features of the Staked Solana ETP
- Investors gain exposure to the dynamic Solana ecosystem.
- The product offers a potential annual increase of 3% through staking rewards.
- The management fee for this ETP is slightly higher at 0.95%, reflecting its enhanced features.
Commitment to Security and Transparency
With Coinbase serving as the custodian for all Virtune's ETPs, investors can rest assured knowing that their crypto assets are stored securely. This high level of custodial care ensures institutional-grade security, supporting the company's goal of providing secure, transparent, and regulated investment opportunities.
CEO Christopher Kock's Vision
Virtune's commitment to making institutional-grade investment products accessible to all investors is reinforced by the words of CEO Christopher Kock. He expressed his excitement about expanding their offerings in Germany, emphasizing the importance of these new ETPs in facilitating access to the growing digital asset market.
Contact Virtune for More Information
For more inquiries, individuals are encouraged to reach out to Christopher Kock, CEO & Member of the Board of Directors. His willingness to connect with investors underscores Virtune's approachable and transparent manner of operation.
Frequently Asked Questions
What are the new ETPs launched by Virtune?
Virtune has launched the Virtune Bitcoin Prime ETP and the Virtune Staked Solana ETP, enhancing its product offerings.
How do I invest in these ETPs?
Investors can access these products through German brokers and banks now available for trading on Xetra.
What are the management fees for the new ETPs?
The Bitcoin Prime ETP has a management fee of 0.25%, while the Staked Solana ETP has a fee of 0.95%.
What advantages do these ETPs offer?
The Bitcoin Prime ETP provides secure exposure to Bitcoin, while the Staked Solana ETP offers the potential for enhanced returns through staking rewards.
Who is the custodian for Virtune's ETPs?
Coinbase serves as the custodian for Virtune's ETPs, ensuring a high level of security for the underlying crypto assets.
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