Virtune Launches Finland’s First Crypto ETPs on Nasdaq Helsinki | Airdrop Alert Pro

Swedish-regulated crypto asset management company Virtune has successfully listed the country’s first crypto ETP (exchange-traded product) on Nasdaq Helsinki.

This milestone represents significant progress for Finnish financial markets. It leverages existing financial instruments to provide Finnish investors with secure, regulated investments in euro-denominated cryptocurrencies.

Opening Finland’s $21 billion ETP market to cryptocurrencies

With this launch, Finland’s €20.5 billion ETP market (over $21 billion) now includes crypto-assets, expanding opportunities for local investors. It marks several important firsts for Finland, including the first cryptocurrency ETP traded on Nasdaq Helsinki.

It also represents the largest cryptocurrency ETP issuance in a regulated market from a Nordic country, including the Nordic countries of Denmark, Finland, Iceland, Norway and Sweden. The product is fully collateralized and physically backed, with active liquidity support from Flow Traders, the world’s leading market maker.

These measures ensure smooth trading while ensuring tight spreads and reliable trading volumes, enhancing investor confidence. Details about ETP are as follows:

• Virtune Bitcoin ETP (VIRBTCE): Provides exposure to Bitcoin.
• Virtune Staking Ethereum ETP (VIRETHE): Combine Ethereum risk with staking returns to increase annual returns.
• Virtune XRP ETP (VIRXRPE): Provides exposure to XRP.
• virtue bet Solana ETP (virus): Including staking income and an additional 3% annual return.
• Virtune Crypto Altcoin Index ETP (VIRALTE): Equally weighted basket of up to 10 altcoins, excluding Bitcoin and Ethereum, rebalanced monthly.

These products are available through major Nordic brokers such as Nordnet. It marks the first regulated staking ETP in Finland, with staking rewards reflected in daily pricing. With this launch, investors will be able to access leading crypto assets through their existing brokerage accounts.

Virtune CEO Christopher Kock said the euro-denominated ETP meets the growing demand for cryptocurrency exposure in a safe, regulated environment. Likewise, Henrik Husman, President of Nasdaq Helsinki, emphasized the importance of the launch.

“ETN products provide alternative investment opportunities while maintaining transparency in regulated markets,” explain bodyguard.

At the same time, this development is not surprising given Nasdaq’s influence in the crypto ETP space. Helena Wedin, European Head of Exchange Traded Products at Nasdaq, highlighted Virtune’s market leadership.

“As a pioneer in the crypto ETP market, we have established a strong position in Europe with a market share of approximately 23%. Expanding our services to Nasdaq Helsinki with Virtune as the first issuer is an exciting milestone. “Wedin said.

European ETP growth and cryptocurrency U.S. ETF adoption

The launch reflects a broader surge in cryptocurrency ETPs across Europe. Industry experts point out significant growth of the industryAs institutional and retail investors increasingly seek regulated avenues for cryptocurrency investment.

Other players in the market are also innovating. Bitwise recently launched Solana Staking ETP For the European market. Likewise, 21Shares launches four new products Cryptocurrency ETP focusing on AI tokens. Taken together, these developments and others reflect the diverse opportunities offered by the European crypto ETP market.

Virtune’s entry into the Finnish financial market signals a new era for cryptocurrency investing in the region. The launch could pave the way for wider adoption as Finnish investors gain access to regulated cryptocurrency ETPs. It could also spark innovation in the Nordic cryptocurrency market.

As the European market advances in the ETP space, the United States continues to hold out hope for more crypto ETFs (exchange-traded funds). In addition to Bitcoin and Ethereumthe path to more altcoin-related ETFs has been disrupted challenge.

However, during the change of government, some Cryptocurrency ETF application has been followed up. This is because there are expectations that the new US SEC (Securities and Exchange Commission) will provide a better regulatory atmosphere for the industry. In anticipation, Litecoin, Hedera, Solana, and XRP are awaiting approval, among other altcoin-related ETFs.

“There are at least 50 other crypto-related ETFs on the horizon, ranging from options-based products (covered call ETFs, fixed outcome ETFs, etc.) to Bitcoin-denominated equity ETFs to ‘bitcoin bond’ ETFs,” wrote Nate Geraci, President of ETF Shop.