How to buy Ethereum through a broker

How to buy Ethereum exposure

Virtune Staked Ethereum ETP gives you exposure to Ether's price and staking through a security held at a broker. Ether, usually called ETH, is the crypto-asset of the Ethereum network. Buying this ETP means holding an investment in your brokerage account, rather than ETH in a wallet.

Ethereum supports applications and transactions involving digital assets. For example, a stablecoin transfer on Ethereum needs a network transaction, and the fee is paid in Ether. ETH can also be staked to help validate transactions. What Ethereum is explains how the network and its asset fit together.

Why buy Ethereum through an ETP?

The product combines ETH price exposure with staking managed by Virtune and its staking provider. You do not have to run a validator, choose a staking setup or manage an Ethereum wallet to hold the ETP.

Rewards allocated to investors stay inside the product and add to the ETH attributable to the holding. They are not paid to you as coins or separate cash interest. Rewards vary and deductions apply; the costs section below explains them. The security can be bought and sold through a broker offering its listing.

Virtune holds ETH with a custodian as collateral for the ETP. The crypto-asset backs the security you own; it is not a personal coin balance in your name.

Buying through a broker

At your broker, the product can be found by its full name or the ISIN shown below. The broker's order page identifies the listing, trading currency, current buy and sell prices and applicable charges. If the broker offers several listings, they still refer to the same security where the ISIN is the same.

The ISIN for Virtune Staked Ethereum ETP is SE0020541639. Its Stockholm listing uses VIRSETHS, while Nasdaq Helsinki uses VIRETHE, Xetra VRTE and the Warsaw Stock Exchange ETNVIRETH.

The Ethereum product page brings together available brokers, product documents and current details. Account availability and tax treatment depend on your country and account type; the exchange listing alone does not establish either.

Costs of buying and holding the ETP

The management fee is deducted from the product's value over time. It is different from the costs of trading: the broker may charge commission, the buy and sell prices have a spread, and a currency conversion charge can apply when the trade uses a different currency from your cash account. The table below separates these costs.

Costs when buying Virtune Staked Ethereum ETP

Cost	Charged by	When
Brokerage commission	Broker	On every purchase and sale
Difference between bid and ask price	Market	On every trade
Management fee, 1.40% per year	Issuer	Ongoing, from the product's value
Currency conversion	Broker, if applicable	If the product trades in another currency

The issuer and staking provider together receive a commission of at most 25% of earned staking rewards, if applicable. This is a share of rewards earned, not an annual yield. The management fee is a separate deduction.

Risks to understand

Crypto-asset prices can move sharply, so the value of the ETP can fall. Crypto markets continue trading when stock exchanges are closed; the next ETP quote can therefore differ substantially from the previous close.

The security also carries issuer and custody risks. If Virtune cannot meet its obligations, what investors recover depends on the crypto-assets held as collateral and the process for enforcing their rights. Problems with custody or delays in recovery can affect the outcome. These product risks are separate from the convenience of holding the investment at a broker.

Staking rewards vary, and reward-delivery or staking-provider problems can reduce the benefit allocated to investors. Additional coins in the backing do not prevent losses when the asset's price falls. How staking works explains the underlying mechanism.

The crypto ETP buying guide explains the purchase process and the difference between a security and a crypto-asset holding.