• 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

BIS Report Reveals XRP Holders Are More Educated and Wealthy Than Bitcoiners

chest

A BIS report claims XRP holders are more educated and wealthier than Bitcoin holders.

user avatarElias Mukuru

Canada's FINTRAC Takes Action Against Cryptocurrency Service Providers

chest

Canada's financial intelligence unit, FINTRAC, has revoked the registrations of 23 cryptocurrency service providers as part of a crackdown on money laundering.

user avatarDiego Alvarez

Crypto Faces Electoral Setback in Illinois

chest

Lieutenant Governor Juliana Stratton defeats pro-crypto Representative Raja Krishnamoorthi in the Democratic Senate primary in Illinois, marking a significant setback for the crypto industry.

user avatarKenji Takahashi

Vanity Fair's Controversial Profile of Crypto Believers Sparks Backlash

chest

A Vanity Fair article titled 'Crypto's True Believers' criticizes long-time crypto participants, leading to backlash from the crypto community.

user avatarMaria Fernandez

Ethereum Introduces Fast Confirmation Rule to Improve Transaction Speeds

chest

Vitalik Buterin announces a new Fast Confirmation Rule (FCR) for Ethereum to guarantee block stability after 12 seconds, significantly improving transaction speeds for exchanges and Layer 2 systems.

user avatarGustavo Mendoza

SBI ARUHI Reveals XRP Shareholder Benefit Eligibility Criteria

chest

SBI ARUHI announces eligibility criteria for shareholders to receive XRP rewards, requiring a minimum of 100 shares to qualify.

user avatarMiguel Rodriguez

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.