What is Virtune XRP ETP?
Virtune’s XRP ETP is an exchange-traded product that allows you to gain exposure to XRP without the need to manage a crypto wallet or use a crypto exchange. The product is traded on the stock exchange, just like a regular stock.
Benefits of Virtune XRP ETP:
No need to create a crypto wallet; trade directly within your ISK account.
100% physically backed by XRP stored with the highest institutional-grade security in cold storage at Coinbase.
A regulated Swedish issuer behind the product.
Traded on Swedish platforms like Avanza, making it easy and accessible.
Why invest in XRP?
XRP, created by Ripple, is a cryptocurrency designed for fast and cost-efficient transactions between banks and financial institutions. XRP is one of the largest projects in the crypto space and is increasingly being used in real-world applications.
How to buy Virtune XRP ETP on Avanza:
Log in to Avanza
Don’t have an account? Create one easily on their website.
Search for Virtune XRP ETP
Use the search function and enter “Virtune XRP ETP” or its ISIN code.
Learn about the product
Review the information about the ETP, including fees and historical performance.
Place an order
When ready, select the number of shares you want to buy and confirm your order. As simple as buying a stock!
Frequently Asked Questions about buying XRP on Avanza via Virtune XRP ETP
How does the product track XRP's value?
Virtune XRP ETP tracks XRP's market price. The value is adjusted daily to reflect the current price of XRP.
What are the costs of investing in Virtune XRP ETP?
The product has a clearly specified management fee of 1.49%, which is competitive compared to alternatives in the crypto market. No hidden costs apply.
Is it safe to invest in Virtune XRP ETP?
Yes, the product is regulated, and the XRP is securely stored with Coinbase, a leader in crypto custody.
Benefits of buying XRP via Avanza
Buying XRP via Avanza and Virtune XRP ETP is simple and secure, with several advantages:
Trade within your ISK account for tax benefits.
A user-friendly interface that makes investing easy.
Access to a regulated and secure product that simplifies crypto investments.
LINK to Virtune XRP on Avanza
LINK to Virtune XRP on Nordnet
Marketing by Virtune AB. Cryptocurrency investments involve high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities can increase or decrease in value, and there is no guarantee that you will get back your invested capital. Read the prospectus, KID, and terms at www.virtune.com.