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.
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.
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.
Our product is 100% physically backed, meaning that we always store Bitcoin with our custodian Coinbase in an amount equal to at least 100% of the value of all our ETPs.
Virtune employs a Collateral Agent whose purpose is to protect and represent investors in our products. The cryptocurrencies held in cold storage (offline) at Coinbase are separate from Virtune's balance sheet.
Last updated: 2024-07-26
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.
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Required collateral
Bitcoin per ETP
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Bitcoin address:
Last updated: 2024-07-26
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Bloomberg
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WKN
Last updated : 2024-07-26
Assets under management
Units outstanding
NAV per unit
Inception Date
Bitcoin per ETP
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Market maker
Authorised Participant
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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 |
Last updated : 2024-07-26
Year | Q1 | Q2 | Q3 | Q4 | YTD |
---|---|---|---|---|---|
2024 | 57.15% | -7.51% | 7.40% | 47.93% | |
2023 | 50.20% | 64.15% |
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Virtune is a Swedish company with Swedish owners and with its seat on Kungsgatan 26, Stockholm.
Virtune cooperates with international and market-leading partners to create secure and innovative investment products.
Virtune is a financial institution registered with the Swedish FSA to manage and trade cryptocurrencies.
Our name, Virtune, is a combination of the words โvirtualโ and โfortuneโ. 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.
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