Virtune Launches Finland’s First Regulated Crypto ETPs on Nasdaq Helsinki

Virtune, a Swedish crypto asset manager, has made history by launching Finland’s first crypto exchange-traded products (ETPs) on Nasdaq Helsinki, offering Finnish investors direct access to cryptocurrencies in euros.

The launch includes five euro-denominated ETPs, all of which are physically backed and fully collateralized. These products are now available through major Nordic brokers like Nordnet. According to Virtune, the ETPs provide exposure to top cryptocurrencies, including:

  • Bitcoin
  • Ethereum with staking rewards
  • XRP
  • Solana with staking benefits
  • An altcoin index tracking 10 big altcoins

Virtune’s chief executive, Christopher Kock, described the launch as a “crucial milestone,” highlighting the firm’s commitment to introducing secure and regulated crypto ETPs to the Nordic markets.

“ETN products provide access to alternative investments while maintaining the transparency of a regulated marketplace, and we are happy to launch this new segment at Nasdaq Helsinki with Virtune as the first issue.”

Henrik Husman, president of Nasdaq Helsinki

Virtune’s ETPs have also marked the largest simultaneous crypto ETP launch in Nordic history, opening Finland’s €20.5 billion ETP market to cryptocurrencies and allowing investors to use their existing brokerage accounts.

Regulated Access to Crypto Markets

Regulated access to crypto markets is essential for investors seeking to minimize risks and maximize returns. Virtune’s launch on Nasdaq Helsinki demonstrates the growing demand for secure and transparent investment products in the crypto space.

As the crypto market continues to evolve, it is essential for investors to stay informed about the latest developments and trends. Stay up-to-date with the latest news and insights on Global Crypto News.