Virtune, a Swedish cryptographic asset manager, has launched new products negotiated on the stock market (ETP) in Finland, giving investors easy access to Avalanche (AVAX) and Cardano (ADA).
Virtun’s CEO, Christopher Kock, described new products as opportunities, pointing to growing demand. Reports indicate that Finnish investors are looking for easy ways to invest in cryptographic assets.
Virtune Lance Avalanche and Cardano ETPs marked on Nasdaq Stockholm
The Virtun Avalanche ETP directly follows the price of Avx, the native token of avalanche. Meanwhile, Virtune’s Cardano andp follows the price of ADA and gives access to an annual rate of 2%. Coinbase would have custody of the two products.
We had the pleasure of organizing an incredible launch event in Teatteri in Helsinki this Wednesday, bringing together the main industry leaders, partners and investors to celebrate Virtune’s expansion in Finland.
A special thank you to Henrik Husman, president of Nasdaq Helsinki, for … pic.twitter.com/c9zyiw3jvl
– Virtun (@VirtUneab) February 7, 2025
ETPs are already available on Nasdaq Stockholm. This is not the first time that Virtune has explored ETP Crypto. The company recently launched five new ETP Crypto, including an index that follows several altcoins.
An ETP is a type of investment product that allows people to invest in the crypto without having to buy and store real parts themselves. It works as a regular stock that users can buy and sell on the stock market.
Today, Wednesday, February 5, Henrik Husman and his team from Nasdaq Helsinki welcomed us to celebrate the virtun, becoming the first emitter of Crypto ETPS listed locally on Nasdaq Helsinki, as well as the list of two new cryptographic ETPs today!
With the addition of two others … pic.twitter.com/hk8vur6fex
– Virtun (@VirtUneab) February 5, 2025
Investment in crypto heats up
Virtune is not the only company to launch cryptographic investment products. Blackrock, the largest asset manager in the world, is preparing to introduce a Bitcoin ETP in Europe. Many experts believe that FNB Bitcoin and ETPs could bring billions of dollars to the cryptography market.
Most Crypto users see this as a tool for greater public adoption. The increasingly attractive crypto, these products are suitable for users who do not want to face the purchase and storage of crypto themselves. Companies like Blackrock facilitate anyone’s participation with the crypto.
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