Two new Virtune crypto ETPs achieve listings on Nasdaq Helsinki, expanding crypto investment options

Virtune, a leading asset management firm, has recently introduced two innovative crypto exchange-traded products (ETPs) on Nasdaq Helsinki. These new products are the Virtune Avalanche ETP and the Virtune Staked Cardano ETP, representing a groundbreaking moment in Finland’s financial landscape. Both products are the first-ever Avalanche-backed and Cardano-backed ETPs to be listed on Finland’s prestigious stock market, offering Finnish investors a new avenue to invest in two of the most promising cryptocurrencies in the market.

The core advantage of these ETPs lies in their physical backing and full collateralization, which means that the products are secured by real assets rather than derivatives or synthetic exposure. Investors will be able to gain exposure to Avalanche (AVAX) and Cardano (ADA) without directly owning the cryptocurrencies themselves. The products are denominated in euros, which simplifies the investment process for Finnish traders and aligns them with the local market currency.

In addition to traditional exposure to the two cryptocurrencies, the Virtune Staked Cardano ETP offers investors a unique opportunity to earn a 2% annual return through staking rewards. This reward mechanism allows investors to benefit from the proof-of-stake consensus mechanism used by Cardano, where stakers earn rewards for helping secure the network. This added feature provides extra value to investors who choose the Staked Cardano ETP.

Both of these new ETPs will be available for trading on Nasdaq Helsinki as well as Nasdaq Stockholm, under the ticker symbols VIRAVAXE for the Avalanche-backed ETP and VIRADAE for the Staked Cardano-backed ETP. Investors can access these products through brokers and banks, such as Nordnet, ensuring ease of access for both retail and institutional investors.

Christopher Kock, the CEO of Virtune, emphasized that the launch of these ETPs is part of the firm’s ongoing strategy to expand its crypto product offerings in Finland. He pointed out that the Avalanche and Cardano assets within these products are securely stored in cold storage with Coinbase acting as the official custodian. This ensures that the assets remain safe from potential cybersecurity risks and market volatility. According to Kock, the company is dedicated to providing secure, transparent, and regulated crypto investment options to institutional and retail investors alike.

This launch follows the success of Virtune’s January 2025 initiative, where they made history by introducing five different crypto-backed ETPs on Nasdaq Helsinki. The earlier launch was notable for being the first-ever batch of crypto ETPs to be offered in Finland, which included products backed by Bitcoin (BTC), XRP, and an altcoin index that tracks up to 10 major altcoins. These products opened the door for Finland’s crypto market to tap into the growing global demand for crypto-backed financial instruments.

In total, Virtune has raised a significant amount of attention within the Nordic region by launching the largest-ever simultaneous crypto ETP offering in the area. Their introduction of these innovative financial products represents a milestone for the €20.5 billion Finnish ETP market, as it makes crypto more accessible to local investors, with the potential to unlock further growth in this emerging sector.

Looking ahead, Virtune’s launch of the Virtune Avalanche ETP and the Virtune Staked Cardano ETP demonstrates the firm’s commitment to advancing the crypto financial products market in the Nordic region. These ETPs are not just products for passive exposure, but also ones that allow investors to take part in the staking rewards ecosystem, adding an extra layer of engagement with these blockchain networks.

With the launch of these crypto-backed ETPs, Virtune continues to solidify its position as a pioneer in offering crypto-backed investment vehicles within traditional financial markets, making digital assets more integrated into established investment structures and appealing to a broader range of institutional and retail investors in the Nordic region.