Sweden lands it’s first physically backed multi-asset crypto ETP

Sweden lands it’s first physically backed multi-asset crypto ETP

Virtune and Vinter launch innovative Digital Asset Index for the next generation of Nordic investors 
Stockholm, 2 May 2023, 10.45am CET: Virtune, the Swedish regulated digital asset manager, announces that it will admit to listing the first physically backed multi-asset crypto ETP on Nasdaq Stockholm. The ETP tracks Virtune Vinter Crypto Top 10 Index (VTOP10) built by Swedish BMR index provider Vinter. This ETP is a proven and tested vehicle to gain passive exposure to foundational blockchain protocols, as well as convenient, a safe entry point for investors. Being physically backed means all constituents in the ETP are fully collateralized with the underlying crypto assets. The VTOP10 Index provides exposure to 85% of the crypto market by investing in the top 10 crypto assets by market capitalisation. Its rule based approach allows Virtune to rebalance the index on a  monthly basis and provide a dynamic exposure should new coins enter the index. The index has a 40% maximum cap pe

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