Catenaa, Saturday, February 08, 2025- Swedish digital asset firm Virtune has expanded its crypto exchange-traded product (ETP) offerings, listing Avalanche (AVAX) and Staked Cardano (ADA) ETPs on Nasdaq Helsinki. The move provides both institutional and retail investors in Finland with regulated access to these altcoins.
The newly listed ETPs are fully backed and denominated in euros, with assets securely held in cold storage by Coinbase. Virtune CEO Christopher Kock highlighted that the products offer exposure to Avalanche and Cardano while incorporating staking rewards for investors.
Virtune previously introduced Bitcoin, Ethereum, Solana, Ripple, and a Crypto Altcoin Index ETP in Finland. The expansion follows rising demand for crypto investment products in Nordic markets, marking Finland’s $21 billion ETP sector’s increasing engagement with digital assets.
The European crypto ETP market has surged, with asset managers such as 21Shares and Bitwise launching products across major exchanges, including Euronext Paris and Amsterdam. Bitwise’s Solana staking ETP, introduced in late 2024, has outperformed competitors with a 5.49% annual yield.
With regulated crypto investment opportunities growing in Europe, Virtune’s latest listings solidify its presence in Finland and expand access to digital asset markets.
