• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano Now Available via Virtune's New Product

user avatar

by Giorgi Kostiuk

a year ago

Swedish company Virtune AB announced the launch of a new exchange-traded product linked to Cardano (ETP), now available on Nasdaq Helsinki.

Launch of Cardano ETP

Virtune AB, a Swedish asset management firm, has introduced VIRADAE, a product offering 1:1 exposure to Cardano (ADA). This product is listed on Nasdaq Helsinki and is fully backed by ADA.

Staking Details and Return

The purchase of the product offers an additional annual return of 2% from staking rewards. These rewards are continuously added to the product's daily price, providing an opportunity for passive income for investors.

Opportunities in the US Market

With improving crypto regulations in the US, new ETF products tracking Cardano are expected to emerge. In the US, only Tuttle Capital has filed for a 2X Long Cardano Daily Target ETF so far.

The launch of Virtune's new ETP opens new opportunities for investors and may stimulate interest in Cardano in European and American markets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Aave Governance Considers Wind Down of Low-Use V3 Markets

chest

Aave governance is reviewing a proposal to wind down six low-adoption V3 markets and offboard dozens of reserves to reduce operational complexity.

user avatarLi Weicheng

Uniswap Introduces New Launches Beta Tab for Enhanced Token Discovery

chest

Uniswap has introduced a new Launches beta tab in its web app to enhance the discovery of new tokens across various launchpads.

user avatarAisha Farooq

Sui's Innovative USDsui Stablecoin Strategy

chest

Sui's USDsui stablecoin strategy is revolutionizing token utility by utilizing reserve yield for daily on-chain buybacks and ecosystem distribution.

user avatarTenzin Dorje

Sui's USDsui Model Competes in the Evolving Stablecoin Market

chest

Sui's USDsui model is making strides in the competitive stablecoin market by creating economic utility for stablecoin reserves within its ecosystem.

user avatarBayarjavkhlan Ganbaatar

Chainlink Whale Transfers 800,000 LINK to Custody, Sparking Trader Interest

chest

A Chainlink whale transferred 800,000 LINK, valued at around 68 million, from Coinbase into custody, attracting trader interest.

user avatarElias Mukuru

BNB Trading Volume Surges Ahead of Key Price Level

chest

BNB trading activity saw a significant increase on July 31, with a 65% rise in 24-hour volume as the token approached the $600 mark.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.