Virtune Staked Cardano ETP | Secure Exposure to Cardano (ADA)

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ETP benefits

Historical performance

How to invest

FAQ

Key information and documents

Annual staking rewards: 2.00%

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 Cardano, without the complexities of direct ownership. With simplified tax reporting, institutional-grade custody, and access through your local brokers and banks, ETPs are an attractive option for investors seeking an easy and secure way to invest in crypto assets.

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The Easiest way

Virtune's ETPs are traded directly on regulated exchanges as straightforwardly as trading a stock through your online broker or bank, without the need of wallets, private keys, or crypto exchanges.

Tax benefits

Investing in crypto through ETPs often simplifies tax reporting, as they are treated like traditional securities, reducing the complexity of tracking individual crypto transactions.

All your investments in one place

Seamlessly integrate your crypto investments into your traditional portfolio. This simplifies tracking, diversification, and overall investment management, giving you more control and clarity over your financial growth.

Institutional grade security

Our ETPs are 100% physically backed. As a regulated crypto asset manager, we offer a higher level of security and protection compared to holding crypto directly in personal wallets.

Additional investor protection

Virtune employs a Collateral Agent whose purpose is to protect and represent the investors in our products. The crypto assets are stored separately in cold storage (offline) at our Custodian, Coinbase.

2.00% additional annual return

Through Staking

With Virtune Staked Cardano, you receive an additional annual return on top of Cardano's own performance. The additional yield through staking is added and reflected in the price of the ETP on a daily basis.

We utilize non-custodial staking, which means that we stake directly from cold storage. This ensures that under no circumstances do we transfer crypto assets to any third party outside our control.

How it works

Example

Initial investment

100 ADA

Annual staking rewards

Annual fee

1.49%

Investment after one year

100.51 ADA

The above figures are for illustrative purposes only.

100% Physically backed

The crypto assets are always kept in cold storage (offline)

Virtune ensures full transparency by publishing our Cardano holdings and public wallet address, allowing investors to verify that our products are always 100% backed by Cardano. The assets are securely stored in cold-storage (offline) separately with our custodian Coinbase.

Proof Of Holdings

Required collateral

11,512,134.74 ADA

ADA per ETP

1.00806784 ADA

Weight

100%

›

Address

addr1qxnfrpfj5zsch20us08msux3zmtlq9fz5df24tlmdx3cwe9xjxzn9g9p3w5leq70hpcdz9kh7q2j9g6j42hlk6drsajqthadz7

addr1q9m2jh5r6txsgegsjjzz4guyx2kzxu96c2f8vpqn68euw2rk490g85kdq3j3p9yy923cgv4vydct4s5jwczp850ncu5q34vrez

addr1vyze87ug6ajqc7tydafxg5aekyce40qzt2hph3t5r9d6vlslpqq0f

Last updated: 2025-12-18

Instant transaction verification

Cardano is the first blockchain platform based on peer-reviewed research and developed through scientific methods. One of Cardano's main goals is to create a more fair and accessible financial infrastructure for the world's population. Cardano's own crypto asset is called ADA.

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Historical Performance

No data available between the given time interval

How to invest

Our products can be traded through a regular account with several online brokers.

Frequently asked questions

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, 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.

What is staking?

Staking enables crypto asset owners to earn passive income by participating in the validation and confirmation of transactions on a blockchain through a process known as Proof of Stake. This mechanism is a fundamental component of Proof of Stake blockchains, like Ethereum and Solana, and plays a vital role in ensuring the security and authenticity of blockchain transactions. To facilitate a transaction on the blockchain securely and accurately, a validator must stake a certain amount of crypto asset as a guarantee of the transaction's legitimacy. The validator aims to stake as much crypto assets as possible to increase the likelihood of receiving rewards, which are paid out in the same type of crypto asset that was staked. For instance, if you stake Ethereum, you receive additional Ethereum as a reward. The annual reward percentage for staking can vary and may range from 0-14% or higher for some blockchains. Most crypto asset holders cannot act as validators themselves, as it requires significant amounts of crypto assets. Therefore, many choose to stake their assets through an established and trusted validator. Virtune includes staking rewards in its products that have 'staking' included in their names.

What are the benefits for me as an investor with staking?

Staking enables investors to earn additional returns on a crypto asset beyond its potential value growth. This is achieved by contributing to the blockchain through transaction validation, a core function of crypto asset blockchains that utilize Proof of Stake. Staking a crypto asset also helps avoid dilution caused by inflation in the blockchain network. The annual reward rate varies between different crypto assets, typically ranging from 2% to 14%. Virtune offers a fixed annual staking yield of 2-4% for several ETPs. In Virtune Staked Ethereum ETP, the annual staking yield varies where 75% of the annual staking rewards are returned to investors, potentially increasing the Net Asset Value (NAV) over time through these rewards. The remaining 25% is allocated to the custodian, staking provider, and Virtune for managing and maintaining the staking operations of the ETP. The additional return from staking rewards is reflected in the daily NAV of Virtune's staked ETPs.

What are the risks with staking?

There are two main risks associated with staking: lockup periods and slashing.

Lockup periods in staking refer to a timeframe during which staked crypto assets are locked and cannot be readily moved or sold. This is similar to an interest savings account where your assets are tied up for a specific period. The length of the lockup period can vary, ranging from 0 to 28 days, depending on the specific staking protocol or platform. During this period, you won't have immediate access to your staked crypto assets, meaning you cannot quickly sell or move your investment, even if market conditions are unfavorable. To mitigate this risk, Virtune diligently monitors and analyzes the market to ensure that the staked portion of Virtune's staked ETPs (Exchange Traded Products) maintains adequate liquidity, allowing the ETP to be traded normally at all times.

Slashing is a penalty imposed on crypto assets that are staked with a validator, which can affect the staked funds. This penalty is incurred when a validator engages in actions such as validating incorrect transactions or going offline. The specific reasons and conditions for slashing vary across different crypto assets and blockchain networks. Generally, the penalty involves a reduction of a small percentage of the staked assets. It is important to note that the exact percentage and consequences of slashing can vary depending on the protocol. When engaging in staking, it is crucial to choose a trustworthy and reputable validator. Virtune takes this seriously and exclusively selects established, regulated, and leading staking providers to ensure minimal risk. We ensure minimal slashing risk by partnering with reputable and regulated staking providers such as Coinbase and Figment.

What is slashing?

Slashing is a penalty imposed on crypto assets that are staked with a validator, which can affect the staked funds. This penalty is incurred when a validator engages in actions such as validating incorrect transactions or going offline. The specific reasons and conditions for slashing vary across different crypto assets and blockchain networks. Generally, the penalty involves a reduction of a small percentage of the staked assets. It is important to note that the exact percentage and consequences of slashing can vary depending on the protocol. When engaging in staking, it is crucial to choose a trustworthy and reputable validator. Virtune takes this seriously and exclusively selects established, regulated, and leading staking providers to ensure minimal risk. We ensure minimal slashing risk by partnering with reputable and regulated staking providers such as Coinbase and Figment.

Does staking involve you lending or sending crypto assets to third parties?

What is the difference between custodian and non-custodial staking?

Virtune exclusively uses non-custodial staking. This approach ensures that crypto assets being staked remain securely stored in cold-storage (offline) within our custodian, minimizing theft risks and eliminating reliance on third-party services. The staking process is conducted directly from digital wallets, enhancing security and control. All crypto assets staked by Virtune are consistently kept in cold storage, which is widely recognized as one of the safest methods for crypto assets storage.

Conversely, custodial staking involves users transferring their crypto assets to another entity for staking purposes. This method carries risks such as potential theft, since the crypto assets are managed and stored by someone else. For these reasons, along with regulatory considerations, Virtune does not engage in custodial staking.

How are staking rewards paid out?

How much additional yield does staking generate, and what determines this?

Staking rewards for Proof of Stake crypto assets continuously fluctuate and can be tracked on websites like stakingrewards.com. These rewards vary based on the proportion of all staked crypto assets and other factors. Virtune offers a fixed annual staking yield of 2-4% for several ETPs. In Virtune Staked Ethereum ETP, we stake up to 70% of our ETH holdings and guarantee that at least 75% of these rewards are reinvested in the product and returned to investors.

Can your staked products be bought and sold freely without any lock up periods?

Yes, all our staked products can be freely traded on the market without any lock up period. This is made possible by employing a flexible staking strategy where a portion of the holdings, which varies from 40%-80%, is actively staked, while the remaining part is kept unstaked. This strategy ensures that the products remain liquid and available for trading, while also allowing investors to benefit from the additional returns that staking offers.

Key information and documents

Product information

Fee

1.49%

Bloomberg

VIRADA SS

ISIN

SE0021630449

Issuer

Virtune AB (Publ)

WKN

A4AGZN

Product Statistics

Last updated : 2025-12-18

Assets under management

$4,286,404

Units outstanding

11,420,000

NAV per unit

$0.38

Inception Date

2024-04-15

ADA per ETP

1.00806784

Partners

Custodian

Coinbase Custody Trust Company, LLC

Market maker

Flow Traders B.V.

Authorised Participant

Flow Traders B.V., 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	VIRADA	Flow Traders B.V.	2024-05-15	VIRADA SS
Nasdaq Helsinki	VIRADAE	Flow Traders B.V.	2025-02-05	VIRADA FH

Historical Performance

Last updated : 2025-12-18

Year	Q1	Q2	Q3	Q4	YTD
2025	-31.64%	-16.81%	43.99%	-55.63%	-60.82%
2024	0.00%	0.00%	-3.94%	123.95%	94.16%

Registered for sale

Sverige

Suomi

Danmark

Norge

Deutschland

Ελλάδα

Κύπρος

Ireland

Italia

Luxembourg

Malta

Nederland

Polska

Česká Republika

España

France

Österreich

Belgique

Magyarország

România

Products

We offer regulated and physically backed crypto Exchange Traded Products with institutional grade security available on regulated markets.

All

Single asset

Staked

Index

Virtune Bitcoin ETP

SINGLE ASSET

Bitcoin is the world’s first and leading crypto asset, often regarded as digital gold and a long-term store of value.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Staked Ethereum ETP

STAKED

Ethereum is the world’s second-largest crypto asset and the backbone of decentralized finance. This ETP combines ETH exposure with additional annual returns through staking.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune XRP ETP

SINGLE ASSET

XRP is designed for fast and cost-efficient global payments and is used by financial institutions worldwide.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Coinbase 50 Index ETP

INDEX

This ETP offers investors a broad and reliable exposure to the digital asset market, built on the strength of the Coinbase 50 Europe Index.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Crypto Altcoin Index ETP

INDEX

Get broad exposure to up to leading alternative crypto asset (altcoins) with monthly rebalancing.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Staked Solana ETP

STAKED

Solana is a high-performance blockchain used by world-leading companies. This product includes 3% additional passive annual returns through staking.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Crypto Top 10 Index ETP

INDEX

Get broad exposure to up to 10 leading crypto assets with monthly rebalancing.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Bittensor ETP

SINGLE ASSET

Bittensor drives the development of decentralized AI through an open network where intelligence is rewarded.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Staked Polkadot ETP

STAKED

Polkadot is a protocol designed for scalability that connects blockchains. This product includes 4% additional passive annual returns through staking.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Chainlink ETP

SINGLE ASSET

Chainlink connects blockchains with real-world data and is a key component for smart contracts and future tokenization.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Arbitrum ETP

SINGLE ASSET

Arbitrum enhances Ethereum’s scalability and reduces transaction costs, making decentralized applications faster and more efficient.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Polygon ETP

SINGLE ASSET

Polygon is a leading scaling solution for Ethereum that enables fast transactions at low fees.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Avalanche ETP

SINGLE ASSET

Avalanche is a fast and scalable blockchain platform that supports a growing ecosystem of decentralized applications.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Litecoin ETP

SINGLE ASSET

Litecoin, designed as both a store of value and a means of payment, is often referred to as "digital silver" compared to Bitcoin’s reputation as "digital gold".

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Stellar ETP

SINGLE ASSET

Stellar is designed to enable cost-efficient international payments, with a particular focus on including people without access to traditional banking services.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Bitcoin Prime ETP

SINGLE ASSET

Bitcoin exposure tailored for larger investors, with a higher NAV per unit and an efficient cost structure.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Near ETP

STAKED

NEAR Protocol (NEAR) is a blockchain platform focused on enabling AI-driven applications. This product includes 2% additional passive annual returns through staking.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Sui ETP

SINGLE ASSET

Sui (SUI) is a digital asset with an object-based design that enables fast transactions and scalable applications, particularly for gaming and digital assets.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

Virtune Stablecoin Index ETP

INDEX

This ETP offers investors exposure to the expanding stablecoin ecosystem. The product tracks a diversified index of digital assets that stand to benefit from growing adoption and use of stablecoins.

YTD

n/a

1 M

n/a

1 W

n/a

Explore

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.

Virtune AB (publ) is a regulated asset manager of crypto assets and has obtained an approved EU base prospectus to issue exchange-traded products.

Investor Relations Careers Sustainability

hello@virtune.com

www.virtune.com

Kungsgatan 26, 111 35 Stockholm

Single asset ETPs

Staked ETPs

Index ETPs

Product Facts

Crypto and Market Insights

Why choose ETPs over direct crypto investments?

The Easiest way

Tax benefits

All your investments in one place

Institutional grade security

Additional investor protection

2.00% additional annual return

Through Staking

Example

100% Physically backed

The crypto assets are always kept in cold storage (offline)

Proof Of Holdings

Instant transaction verification

Historical Performance

How to invest

Frequently asked questions

Key information and documents

Registered for sale

Products

Virtune Bitcoin ETP

Virtune Staked Ethereum ETP

Virtune XRP ETP

Virtune Coinbase 50 Index ETP

Virtune Crypto Altcoin Index ETP

Virtune Staked Solana ETP

Virtune Crypto Top 10 Index ETP

Virtune Bittensor ETP

Virtune Staked Polkadot ETP

Virtune Chainlink ETP

Virtune Arbitrum ETP

Virtune Polygon ETP

Virtune Avalanche ETP

Virtune Litecoin ETP

Virtune Stellar ETP

Virtune Bitcoin Prime ETP

Virtune Near ETP

Virtune Sui ETP

Virtune Stablecoin Index ETP

We are Virtune

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