Virtune Bitcoin ETP

Why choose ETPs over direct crypto investments?

Virtune’s Exchange Traded Products (ETPs) offer a secure and regulated way to gain 1:1 exposure to crypto assets like Bitcoin without the complexities of direct ownership. With institutional-grade security, trading through your local online broker or bank, and simplified tax reporting, ETPs are a simple and attractive way to invest in crypto assets.

100% Physically Backed & On-Chain Verified

Virtune’s products are 100% physically backed - each product is secured by the underlying crypto assets which are securely held in cold storage (offline) with our custodian, Coinbase. Through Chainlink’s Proof of Reserves, investors can verify on-chain that Virtune’s holdings always fully match the value of each product.

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Store of value

Bitcoin is the world's largest crypto asset, introduced in 2009 by an anonymous person or group under the name Satoshi Nakamoto. By using a decentralized blockchain, Bitcoin enables secure and transparent transactions without intermediaries. With a limit of 21 million Bitcoins, Bitcoin today can be seen as a hedge against bank-related risks and inflation worldwide. Its blockchain technology offers a revolutionary and transparent way to transfer value over the internet without relying on third parties.

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Frequently asked questions

What is a crypto-ETP?

A crypto-ETP (Exchange Traded Product) is an exchange-traded product that provides Exposure to one or more Crypto assets, such as Bitcoin or Ethereum, without you having to purchase or store the Crypto assets yourself.

Virtune’s ETPs are traded on regulated markets and can be purchased through your regular bank or online broker, and they track the value of the underlying Crypto assets. This means you can hold your crypto investments together with shares, funds and ETFs in the same account.

Why should I choose to invest in Virtune's products instead of trading crypto assets directly?

Investing in Virtune's ETPs offers several distinct advantages for you as an investor:

Simple and Secure: You avoid the complexity of creating and managing a digital wallet, as well as the challenges of selecting a secure crypto exchange for trading. All aspects of security and storage are handled by us.

Tax Efficiency: Investing in our ETPs can be associated with tax benefits. In Sweden it is possible to invest in our ETPs through an Investment Savings Account (ISK) or a Capital Insurance means you do not need to declare individual transactions. Instead of a 30% capital gains tax on direct crypto trading, you pay an annual fixed tax, which can provide significant tax benefits.

Regulated Trading Venue: Our products are traded on Nasdaq, a regulated and secure marketplace, adding an additional layer of safety and reliability to your investment.

Physically Backed Products: All our ETPs are 100% physically backed, meaning that actual crypto assets are stored corresponding to the market value of each ETP, ensuring transparency and trust.

Staking Opportunities: Some of our products also offer staking, which is managed by us and provides extra returns without any effort required from you.

Virtune is a Swedish company based in Stockholm with an EU-approved base prospectus for the market listing of crypto ETPs. We strive to be the safe choice for your crypto investments.

What does it mean that the products are physically backed?

All of Virtune's ETPs are always 100% physically backed, this means that we store the equivalent value of all outstanding securities in the underlying crypto asset with our custodian in cold-storage (offline). The equivalent value of each ETP in the underlying cryptocurrency asset is received and stored separately with our custodian Coinbase before new ETPs are created.

Our products are priced through a so-called coin entitlement to the underlying crypto assets, which means that 1 ETP represents a certain amount of crypto assets. This structure ensures a 1:1 exposure to the underlying crypto asset with the highest possible investor protection and minimized credit risk towards the issuer (Virtune) of the ETPs.

Where can I buy your products?

Our products are listed on stock exchanges which includes Nasdaq Stockholm, Nasdaq Helsinki, Deutsche Boerse Xetra, Warsaw Stock Exchange, Euronext Amsterdam, Euronext Paris and Boerse Stuttgart and can be traded through several online brokers and banks. If our products are missing on your platform, contact them and ask if the products are available for trading and please contact us with your request to add our products to your platform.

How are the products priced?

Our products are priced based on a 1:1 correlation with the performance of the underlying crypto asset, minus a management fee and, for our staking ETPs, plus staking rewards. They are priced through what we refer to as 'coin entitlement' to the underlying crypto assets, meaning that one ETP represents a specific quantity of crypto assets stored with our custodian. For our staking ETPs, staking rewards are continuously added, contributing to an increase in the amount of crypto assets per ETP over time. You can track the daily amount of crypto assets per ETP on each product page. Each crypto asset is priced according to regulated and established crypto asset reference rates.

What are the benefits with your physically backed ETPs compared to crypto tracker certificates?

All of Virtune's ETPs are 100% physically backed by the underlying crypto assets (asset-backed securities), which means that we store the equivalent value of all outstanding securities in the underlying crypto asset with our custodian in cold storage (offline). This reduces the credit risk to Virtune as the issuer and is a safer option for investors compared to investing in tracker certificates that provide synthetic exposure and do not hold the underlying crypto assets as collateral. In such cases, you could theoretically lose your entire investment if an issuer of synthetic tracker certificates goes bankrupt. This is not the case with Virtune's products, as the crypto assets stored separately with Virtune's custodian serve as underlying collateral, protecting your investment in Virtune's ETPs.

What is Virtune and what services does Virtune offer?

Virtune is a regulated crypto asset manager that offers crypto Exchange Traded Products (ETPs) with an EU-approved base prospectus. We are a dedicated and passionate team of professionals that are strong believers in blockchain technology and crypto assets, committed to harnessing its potential to benefit the world. Our mission is to accelerate crypto adoption across Europe for institutional and retail investors, educate the market, and uphold the highest standards of transparency.
Our mission is to lower the barriers to entry into the crypto market by providing a easy, secure and regulated way for investors to gain exposure to crypto.

Key information and documents

Product information

Fee

1.49%

Bloomberg

VIRBTC SS

ISIN

SE0020845709

Issuer

Virtune AB (Publ)

WKN

A3G9AF

Product Statistics

Last updated : 2026-03-11

Assets under management

$61,787,389

Units outstanding

5,279,000

NAV per unit

$11.70

Inception Date

2023-09-08

BTC per ETP

0.00016668

Partners

Custodian

Coinbase Custody Trust Company, LLC

Market maker

Flow Traders B.V.

Authorised Participant

Flow Traders B.V., Jane Street Financial Limited, Virtu Financial Ireland Limited

Collateral Agent

The Law Debenture Trust Corporation PLC

Administrator

Formidium Corp.

Relevant documents

Base prospectus

Final terms

Issue specific summary

Fact sheet

KID

Exchange information

Exchange	Exchange code	Market Maker	Listing date	Bloomberg code
Nasdaq Stockholm	VIRBTC	Flow Traders B.V.	2023-09-12	VIRBTC SS
Boerse Stuttgart	-	Lang & Schwarz	2023-11-20	VIRBTC SS
Nasdaq Helsinki	VIRBTCE	Flow Traders B.V.	2025-01-20	VIRBTCE FH

Historical Performance

Last updated : 2026-03-11

Year	Q1	Q2	Q3	Q4	YTD
2026	-21.60%	0.00%	0.00%	0.00%	-21.60%
2025	-14.18%	28.37%	5.90%	-24.81%	-9.71%
2024	57.15%	-7.51%	1.33%	45.58%	99.80%
2023	0.00%	0.00%	0.00%	50.20%	64.15%

We are Virtune

Our name, Virtune, is a combination of the words ”virtual” and ”fortune”. We strongly believe that the future of the crypto market holds exciting potential. Through traditional financial products traded on stock exchanges, we provide both institutional and retail investors with access to the world of crypto. This is the Virtune way.