Virtune Opens New Avenues for Finnish Investors with Crypto ETPs

user avatar

by Giorgi Kostiuk

2 years ago

Virtune has launched Finland's first crypto ETPs on Nasdaq Helsinki, making it easier for Finnish investors to invest in cryptocurrencies.

Launch of Crypto ETPs in Finland

Swedish company Virtune has introduced five different crypto ETPs on Nasdaq Helsinki. These products will provide Finnish investors with the opportunity to directly invest in cryptocurrencies in euros. This launch marks a significant milestone in the region's crypto market development.

Key Features of Virtune's ETPs

All five of Virtune's ETPs are physically backed and fully collateralized. They include leading cryptocurrencies such as Bitcoin, Ethereum with staking rewards, XRP, and Solana. There is also an altcoin index tracking 10 major alternative coins. CITE_NA: “ETN products provide access to alternative investments while maintaining the transparency of a regulated marketplace,” said Henrik Husman, president of Nasdaq Helsinki.

Market Impact and the Future of ETPs

Virtune's ETPs mark the largest simultaneous crypto ETP launch in Nordic history. Finland's €20.5 billion ETP market now accommodates new crypto assets, allowing investors to use their existing brokerage accounts for trading.

The launch of Virtune's crypto ETPs will significantly transform Finland's investment landscape, solidifying cryptocurrencies in the Finnish ETP market.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

BotPsy Sets New Standards in AI Performance Benchmarks

Tether's QVAC BotPsy has achieved impressive scores in AI performance benchmarks, scoring 440 on BFCL v4 and 587 on ACEBench, surpassing larger models and demonstrating the potential of smaller AI models.

user avatarMiguel Rodriguez

Tether Launches Innovative AI Model QVAC BotPsy

Tether introduces QVAC BotPsy, an AI model with 800 million parameters that excels in performing everyday tasks on personal devices.

user avatarRajesh Kumar

CoreWeave's Strong Q3 Performance Boosts AI Sector Sentiment

CoreWeave's strong Q3 results have increased investor sentiment in the AI sector, reporting $366 million in revenue, a 168% year-over-year increase, and raised full-year guidance.

user avatarLuis Flores

Deutsche Bank Launches Crypto Custody Service for Institutions

Deutsche Bank has officially launched its crypto custody service for institutional and corporate clients in Europe.

user avatarArif Mukhtar

Yana Prikhodchenko Takes the Helm as CEO of Phase

Yana Prikhodchenko has been appointed as cofounder and CEO of Phase, a technology company focused on the AI agent economy.

user avatarDavid Robinson

Phase Unveils Layer 1 Blockchain Mainnet and AI Agent Services

Phase has launched its Layer 1 blockchain mainnet and AI agent services, enabling autonomous operations for AI agents.

user avatarMaria Gutierrez

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.