Article

Buy Ethereum on Avanza

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Written by Virtune

Virtune

Published

2024-12-18

Buying Ethereum through Avanza is a popular choice for many Swedish investors who want to tap into Ethereum's potential without having to manage their own security via a personal digital wallet. Virtune Staked Ethereum ETP is a product that simplifies and secures Ethereum investments through Avanza and Nordnet.


What is Virtune Staked Ethereum?

Virtune Staked Ethereum is a physically backed exchange-traded product (ETP) that allows you to invest in Ethereum without needing to purchase and store the crypto asset yourself. The product is listed on Nasdaq Stockholm and traded in SEK, making it both accessible and easy to understand for Swedish investors, especially those using Avanza.


Benefits of Buying Virtune Staked Ethereum on Avanza


Simplicity and Accessibility
You can purchase Virtune Staked Ethereum 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 Ethereum 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 Ethereum wallet address available, allowing investors to verify that the product is fully backed by Ethereum. See Virtune’s holdings here: https://www.virtune.com/sv/product/ethereum


Tax Benefits with ISK
When you purchase Virtune Ethereum 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 Ethereum.


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. Additionally, investors can benefit from staking rewards when applicable, providing an opportunity to earn passive income through their Ethereum holdings.

Extra returns through staking
With Virtune Staked Ethereum, you receive an additional annual return on top of Ethereum'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.


Why Choose Virtune Staked Ethereum on Avanza?

For those looking to buy Ethereum on Avanza, Virtune Staked Ethereum offers a safe, simple, and transparent solution. With a focus on secure storage and the potential for staking rewards, it’s an excellent choice for both beginners and experienced investors. Explore the opportunity to diversify your portfolio with Ethereum—without the hassle.


Link to Avanza: https://www.avanza.se/borshandlade-produkter/certifikat-torg/om-certifikatet.html/1639655/virtune-ethereum


Link to Nordnet: https://www.nordnet.se/marknaden/trackers/18134447-virtune-ethereum-etp


Learn more about Virtune Staked Ethereum: https://www.virtune.com/sv/product/ethereum


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.