Buying Bitcoin through Avanza is a popular choice for many Swedish investors who want to tap into Bitcoin's potential without having to manage their own security via a personal digital wallet. Virtune Bitcoin ETP is a product that simplifies and secures Bitcoin investments through Avanza and Nordnet.
Virtune Bitcoin is a physically backed exchange-traded product (ETP) that allows you to invest in Bitcoin without needing to purchase and store the cryptocurrency yourself. The product is listed on Nasdaq Stockholm and traded in Swedish kronor, making it both accessible and easy to understand for Swedish investors, especially those using Avanza.
Simplicity and Accessibility
You can purchase Virtune Bitcoin directly through Avanza’s platform, just as you would trade stocks or mutual funds. This eliminates the need to manage digital wallets or private keys.
Institutional-Level Security
Virtune stores Bitcoin in cold storage (offline) with the leading custodian, Coinbase. This prevents the risk of cyberattacks and theft, an important factor for investors seeking security.
Transparency
Virtune has made its public Bitcoin wallet address available, allowing investors to verify that the product is fully backed by Bitcoin. See Virtune’s holdings here: https://www.virtune.com/sv/product/bitcoin
Tax Benefits with ISK
When you purchase Virtune Bitcoin via an Investment Savings Account (ISK) on Avanza, you avoid paying taxes on capital gains. Instead, you benefit from a flat-rate taxation system via your ISK, making this a more tax-efficient alternative compared to directly owning and selling Bitcoin.
Additional Investor Protection
Virtune employs a Security Agent whose purpose is to protect and represent investors in Virtune products. The crypto assets stored in cold storage (offline) at Coinbase are segregated from Virtune’s balance sheet.
For those looking to buy Bitcoin on Avanza, Virtune Bitcoin offers a safe, simple, and transparent solution. With a focus on secure storage, it’s an excellent choice for both beginners and experienced investors. Explore the opportunity to diversify your portfolio with Bitcoin—without the hassle.
Link to Avanza: https://www.avanza.se/borshandlade-produkter/certifikat-torg/om-certifikatet.html/1639655/virtune-bitcoin
Link to Nordnet: https://www.nordnet.se/marknaden/trackers/18134447-virtune-bitcoin-etp
Learn more about Virtune Bitcoin: https://www.virtune.com/sv/product/bitcoin
Investing in cryptocurrency involves high risks. Virtune does not provide investment advice. All investments are made at your own risk. Securities can increase or decrease in value, and there is no guarantee you will recover your invested capital. Read the prospectus, KID, and terms on www.virtune.com.