Swedish Firm Launches Virtune Avalanche and Cardano Digital Asset ETPs on Nasdaq Helsinki
by aria-crypto.com
February 6, 2025 at 05:58
Swedish Firm Launches Virtune Avalanche and Cardano Digital Asset ETPs on Nasdaq Helsinki
Swedish crypto asset manager Virtune has expanded its product line with the launch of new exchange-traded products (ETPs) featuring Avalanche and Cardano on Nasdaq Helsinki. These additions offer Finnish investors direct exposure to two major cryptocurrencies, Avalanche and Cardano, and include benefits such as 1:1 asset backing and additional staking rewards. The Avalanche and Cardano ETPs launched on February 5, having already been available on Nasdaq Stockholm. Both ETPs are safeguarded via cold storage solutions provided by Coinbase, targeting both institutional and retail investor bases. According to market data, Avalanche and Cardano hold significant positions in global cryptocurrency rankings. Recent market trends indicate potential growth for Cardano, highlighted by a substantial price surge in late 2021. This introduction by Virtune aligns with their strategy to cater to the growing investor appetite for varied crypto investment avenues in Finland.
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