• 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

Key Issues in Stablecoin Regulation Discussed at White House Meeting

chest

Key issues in stablecoin regulation discussed at a White House meeting, focusing on banks' concerns about stablecoin rewards and their impact on traditional banking.

user avatarAyman Ben Youssef

Ripple's CEO Highlights XRP as Core Business Principle

chest

Ripple's CEO Brad Garlinghouse emphasizes that XRP is the central organizing principle of Ripple's strategy, highlighting its importance for institutional adoption and regulatory compliance.

user avatarTando Nkube

LayerZero's New Blockchain Zero Drives ZRO Token Surge

chest

LayerZero Labs has launched its new L1 blockchain, Zero, resulting in a 40% increase in the value of its native token ZRO, reaching a four-month high.

user avatarKofi Adjeman

Stablecoin Market Cap Dips Amid Bearish Trends

chest

The stablecoin market cap has recently declined, indicating potential bearish trends in the cryptocurrency sector.

user avatarSatoshi Nakamura

Bitcoin Sentiment Remains Bearish Despite Price Recovery

chest

Despite a recent price recovery, social media sentiment around Bitcoin remains largely negative, according to analytics firm Santiment.

user avatarJesper Sørensen

Significant Variability in Stablecoin Conversion Costs Across Africa

chest

Significant variability in stablecoin conversion costs across Africa, with January's median spread reaching nearly 300 basis points.

user avatarNguyen Van Long

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.