Virtune Bitcoin ETP is a physically-backed exchange-traded product (ETP) designed to offer investors a secure and cost-effective way to gain exposure to Bitcoin. This is made possible through a transparent and physically-backed structure with institutional-level security.
Bitcoin
Bitcoin is the world's largest cryptocurrency and was introduced in 2009 by an anonymous individual or group known as Satoshi Nakamoto. By utilizing a decentralized blockchain, Bitcoin enables secure transactions without intermediaries. With a limit of 21 million Bitcoins, Bitcoin can now be seen as a hedge against bank risks and inflation worldwide. Its blockchain technology offers a revolutionary and transparent way to transfer value over the internet without relying on third parties.
Bitcoin
Bitcoin is the world's largest cryptocurrency and was introduced in 2009 by an anonymous individual or group known as Satoshi Nakamoto. By utilizing a decentralized blockchain, Bitcoin enables secure transactions without intermediaries. With a limit of 21 million Bitcoins, Bitcoin can now be seen as a hedge against bank risks and inflation worldwide. Its blockchain technology offers a revolutionary and transparent way to transfer value over the internet without relying on third parties.
Trade as easily as a stock
This product allows you to expose yourself to Bitcoin in as straightforward a manner as trading a stock through your online broker. Your investment in Bitcoin is managed alongside your other securities investments. Additionally, the product can be held in your ISK (Investeringssparkonto) or capital insurance, potentially providing tax advantages.
Trade as easily as a stock
This product allows you to expose yourself to Bitcoin in as straightforward a manner as trading a stock through your online broker. Your investment in Bitcoin is managed alongside your other securities investments. Additionally, the product can be held in your ISK (Investeringssparkonto) or capital insurance, potentially providing tax advantages.
A regulated investment product
Virtune Bitcoin ETP provides exposure to Bitcoin through a 100% physically backed and regulated investment product listed on Nasdaq Stockholm. Coinbase, the global leader in institutional custody solutions, serves as the custodian for securely storing Bitcoin in cold-storage.
A regulated investment product
Virtune Bitcoin ETP provides exposure to Bitcoin through a 100% physically backed and regulated investment product listed on Nasdaq Stockholm. Coinbase, the global leader in institutional custody solutions, serves as the custodian for securely storing Bitcoin in cold-storage.
Virtune's key components
Product information
Fee
1.49%Bloomberg
VIRBTC SSISIN
SE0020845709Issuer
Virtune AB (Publ)WKN
A3G9AFProduct Statistics
Assets under management
$25 838 891Units oustanding
2567000NAV per unit
$10.07Inception Date
2023-09-12Bitcoin per ETP
0.00017135Partners
Custodian
Coinbase Custody Trust Company, LLCMarket maker
Flow Traders B.V.Authorised Participant
Jane Street Financial Limited, Flow Traders B.V.Collateral Agent
The Law Debenture Trust Corporation PLCAdministrator
Formidium Corp.Compare Performance to:
Virtune has, as part of its effort to be fully transparent, published our Bitcoin holdings and our public wallet address. This allows investors to independently verify on the blockchain that our product is always 100% backed by Bitcoins.
Last updated: 2024-05-02
| Asset | Bitcoin address | Required collateral | Bitcoin per ETP | Weight |
|---|---|---|---|---|
| BTC | bc1qn4xzeeehf0jcm5jvwlcc0ps6qamse5d807qwlm | 439.850 | 0.000171 | 100.00% |
| Exchange | Exchange code | Market Maker | Listing date | Bloomberg code |
|---|---|---|---|---|
| Nasdaq Stockholm | VIRBTC | Flow Traders B.V. | 2023-09-12 | VIRBTC |
| Boerse Stuttgart | Lang & Schwarz | 2023-11-20 | VIRBTC |
| Year | Q1 | Q2 | Q3 | Q4 | YTD |
|---|---|---|---|---|---|
| 2024 | 57.15% | -10.77% | 29.34% | ||
| 2023 | 50.20% | 64.15% |
Last updated: 2024-05-02
Our products can be traded through a regular account with several online brokers.
Virtune AB (publ) is a registered financial institution by the Swedish Financial Supervisory Authority and have obtained an approved EU Base Prospectus for the issuance of exchange traded products.
hello@virtune.com
www.virtune.com
Kungsgatan 26, 111 35 Stockholm
Investing in cryptocurrencies is associated with high risk and should be approached with great caution. Virtune does not provide investment advice, and all investments are made at your own risk
