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Official Launch of Virtune Coinbase 50 Index ETP Marked by Bell Ringing in Frankfurt
Official Launch of Virtune Coinbase 50 Index ETP Marked by Bell Ringing in Frankfurt

Business Upturn

time10 hours ago

  • Business
  • Business Upturn

Official Launch of Virtune Coinbase 50 Index ETP Marked by Bell Ringing in Frankfurt

By GlobeNewswire Published on June 23, 2025, 13:08 IST Stockholm, June 23, 2025 – Virtune, the Swedish regulated crypto asset manager, celebrated the official launch of its latest exchange-traded product, the Virtune Coinbase 50 Index ETP, with a ceremonial bell ringing at Deutsche Börse Xetra in Frankfurt on June 17, together with Coinbase. The ceremony, held together with Coinbase, marks a significant milestone in Virtune's European expansion and reinforces its position as a leading issuer of regulated, physically backed crypto ETPs. The product is available to Swedish investors via online brokers such as Avanza and Montrose. Virtune listed the product on Xetra on June 2, 2025, making the Virtune Coinbase 50 Index ETP the first ETP in Europe to track the Coinbase 50 Europe Index – a broadly diversified index representing up to 50 leading crypto assets. The index is developed by Coinbase and administered by MarketVector Indexes™. Currently, the product holds 21 crypto assets, with the expansion to include all 50 assets subject to regulatory and exchange approvals. The Coinbase 50 Europe Index is designed to become the crypto market's equivalent of the S&P 500, aiming to provide investors with a comprehensive and representative selection of the largest and most relevant crypto assets in the market. The product targets both institutional and retail investors seeking regulated, transparent, and professional exposure to digital assets. Christopher Kock, CEO of Virtune: 'This ceremony clearly signals our long-term commitment to the European market. Standing on the podium in Frankfurt with our partners from Coinbase and MarketVector reflects the strength of collaboration, innovation, and regulated growth. We are here to help shape the future of crypto investing in Europe.' The Virtune Coinbase 50 Index ETP is available to both institutional and retail investors across Europe and is traded in EUR. The product is 100% physically backed by the underlying crypto assets, which are stored with institutional-grade security by Coinbase, and has an annual fee of 0.95%. Learn more about the product here: Key Information about the Product: Exposure: Exposure to up to 50 leading crypto assets in one product Underlying assets: 100% physically backed by the underlying crypto assets Custody: Institutional-grade custody by Coinbase Management Fee: 0.95% per annum Trading currency: EUR First day of trading: Monday, 2nd of June 2025 Bloomberg Ticker: VCOIN50 ISIN: SE0024738389 WKN: A4A5D4 Exchange ticker: VRTC Exchanges: Deutsche Börse Xetra For questions, contact: Christopher Kock, CEO & Member of the Board of DirectorsMobile: +46 70 073 45 64 Email: [email protected] About Virtune AB (Publ): Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market. Crypto investments are associated with high risk. Virtune does not provide investment advice; investments are made at your own risk. Securities may increase or decrease in value, there is no guarantee of getting back invested capital. Read the prospectus, KID, terms at The Coinbase 50 Europe Index ('Index') is the exclusive property of MarketVector Indexes GmbH ('MarketVector') and its Licensors and has been licensed for use by Virtune AB (Publ) ('Licensee'). MarketVector has contracted with CC Data Limited to maintain and calculate the Index. CC Data Limited uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MarketVector, CC Data Limited has no obligation to point out errors in the Index to third parties. In particular, MarketVector is not responsible for the Licensee and/or for Licensee's legality or suitability and/or for Licensee's business offerings. Offerings by Licensee, may they be based on the Virtune Coinbase 50 Europe ETP ('Product') or not, are not sponsored, endorsed, sold, or promoted by MarketVector and any of its affiliates, and MarketVector and any of its affiliates make no representation regarding the advisability of investing in Licensee and/or in Licensee's business offerings. MARKETVECTOR AND ANY OF ITS AFFILIATES AND ANY OF ITS LICENSORS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO LICENSEE. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

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