Virtune, a Swedish regulated digital asset management firm, has expanded its cryptocurrency exchange-traded product (ETP) offerings on Nasdaq Helsinki. Following the successful launch of five crypto-backed ETPs in January 2025, Virtune has now introduced Virtune Avalanche (AVAX) ETP and Virtune Staked Cardano (ADA) ETP, marking a significant milestone in Finland’s cryptocurrency investment landscape.
Virtune New Crypto ETPs on Nasdaq Helsinki
These latest ETPs provide investors with an easy and regulated way to gain exposure to Avalanche (AVAX) and Cardano (ADA) without directly owning the cryptocurrencies. The introduction of these ETPs represents Finland’s first-ever Avalanche and Staked Cardano-backed exchange-traded products.
Both ETPs are 100% physically backed and denominated in euros (EUR), making them accessible to Finnish investors. Additionally, Virtune Staked Cardano ETP offers an extra 2% annual return through staking rewards, a feature that enhances its appeal to investors seeking passive income opportunities.
Key Features of the New ETPs
| Feature | Virtune Avalanche (AVAX) ETP | Virtune Staked Cardano (ADA) ETP |
|---|---|---|
| Exposure | 1:1 exposure to AVAX | 1:1 exposure to ADA with 2% staking rewards |
| Collateral | 100% physically backed | 100% physically backed |
| Management Fee | 1.49% annually | 1.49% annually |
| Trading Currency | EUR | EUR |
| Stock Exchange | Nasdaq Helsinki & Nasdaq Stockholm | Nasdaq Helsinki & Nasdaq Stockholm |
| Custodian | Coinbase (Cold Storage) | Coinbase (Cold Storage) |
| Ticker Symbol | VIRAVAXE | VIRADAE |
| ISIN | SE0022050092 | SE0021630449 |
| First Trading Date | February 5, 2025 | February 5, 2025 |
Virtune’s Growing Presence in Finland
Virtune’s CEO, Christopher Kock, emphasized the company’s commitment to expanding its presence in Finland by offering new, innovative investment solutions. He stated:
“After successfully introducing Finland’s first crypto ETPs on Nasdaq Helsinki, we are pleased to expand our local offering with these first-ever Avalanche and Staked Cardano ETPs. These products are 100% physically backed, with AVAX and ADA securely stored in cold storage with our custodian, Coinbase.”
Previous ETPs Launched by Virtune
In January 2025, Virtune launched Finland’s first five crypto-backed ETPs, which received a strong reception in the market. The previous ETPs include:
- Virtune Bitcoin (BTC) ETP
- Virtune Staked Ethereum (ETH) ETP
- Virtune Staked Solana (SOL) ETP
- Virtune XRP (XRP) ETP
- Virtune Crypto Altcoin Index ETP (tracking up to 10 major altcoins)
Why These ETPs Matter for Investors?
Virtune’s expansion into the Finnish market offers several advantages for institutional and retail investors:
- Regulated Market Access – Listed on Nasdaq Helsinki and Stockholm, ensuring transparency and investor protection.
- Physical Backing – Each ETP is fully collateralized, providing security for investors.
- Passive Income via Staking – The Cardano ETP offers 2% annual staking rewards, making it an attractive option for long-term investors.
- Euro-Denominated Trading – Reduces forex risks for Finnish investors.
- Secure Custody – Assets are held in cold storage with Coinbase, enhancing security.
How to Invest?
Both ETPs are available for trading via leading brokers and banks, including Nordnet, making it easy for investors to add these assets to their portfolios.
Final Thoughts
Virtune’s continued expansion in the Nordic market reflects growing demand for regulated crypto investment products. By introducing Finland’s first Avalanche and Staked Cardano ETPs, the company strengthens its position as a leader in digital asset investments. With secure, regulated, and physically backed ETPs, Virtune is opening new opportunities for investors to participate in the evolving crypto market.