Swedish asset manager Virtune has launched new crypto exchange-traded products in Finland, offering exposure to Avalanche and Cardano.
Virtune's New Crypto ETPs
Virtune has commenced trading two new crypto ETPs on Nasdaq Helsinki. These ETPs offer investors 1:1 direct exposure to Avalanche and Cardano, providing an additional yield from staking.
Investor Offering Details
Virtune's ETPs began trading on February 5. They will be stored in cold storage through Coinbase and are available for institutional and retail investors.
Future of Crypto ETPs
The emergence of new crypto ETPs can affect investment dynamics in Finland, given the rising popularity of cryptocurrencies like Avalanche and Cardano, which rank in the top 12 by market capitalization.
Virtune's launch of new crypto ETPs offers new opportunities for Finnish investors to gain direct exposure to popular cryptocurrencies, potentially impacting the market positively.