Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for November 2024 of its Virtune Crypto Altcoin Index ETP

Stockholm, December 2, 2024 – Today, Virtune announces that it has completed its monthly rebalancing of the Virtune Crypto Altcoin Index ETP, listed on Nasdaq Stockholm (ISIN code SE0023260716, TICKER: VIRALT).

In addition to the Virtune Crypto Altcoin Index ETP, Virtune’s product portfolio includes:

• Virtune Bitcoin ETP

  
  

• Virtune Staked Ethereum ETP

  
  

• Virtune Staked Solana ETP

  
  

• Virtune Staked Polkadot ETP

  
  

• Virtune XRP ETP

  
  

• Virtune Avalanche ETP

  
  

• Virtune Chainlink ETP

  
  

• Virtune Arbitrum ETP

  
  

• Virtune Polygon ETP

  
  

• Virtune Staked Cardano ETP

  
  

• Virtune Crypto Top 10 Index ETP

  
  

Index allocation as of November 29 (before rebalancing):

• XRP: 23.80%

  
  

• Cardano: 21.62%

  
  

• Avalanche: 12.21%

  
  

• Uniswap: 11.67%

  
  

• Chainlink: 10.78%

  
  

• Solana: 9.98%

  
  

• Litecoin: 9.94%

  
  

Index allocation as of November 29 (after rebalancing):

• Cardano: 14.29%

  
  

• Litecoin: 14.29%

  
  

• Solana: 14.29%

  
  

• Uniswap: 14.29%

  
  

• XRP: 14.29%

  
  

• Avalanche: 14.29%

  
  

• Chainlink: 14.29%

  
  

There are no changes in the included crypto assets following this month’s rebalancing. The Virtune Crypto Altcoin Index ETP delivered a +103.14% return in November.

The rebalancing is conducted according to the index followed by the ETP, the Virtune Vinter Crypto Altcoin Index. This is the first rebalancing since the product was listed on November 4, 2024. The purpose of the monthly rebalancing is to reset the weights of each crypto asset, ensuring equal-weighted exposure to altcoins.

In November, the crypto market showed strong momentum. XRP and Cardano outperformed most major crypto assets, gaining +281.7% and +216% respectively. Bitcoin and Ethereum also performed well, with increases of 37.4% and 47.4%.

November performance of crypto assets in the Virtune Crypto Altcoin Index ETP:

• XRP: +281.7%

  
  

• Cardano: +216.0%

  
  

• Avalanche: +79.8%

  
  

• Uniswap: +68.1%

  
  

• Chainlink: +66.9%

  
  

• Litecoin: +48.6%

  
  

• Solana: +41.3%

  
  

The Virtune Crypto Altcoin Index ETP is the first of its kind in the Nordic region. It includes up to 10 leading alternative crypto assets (altcoins), excluding Bitcoin and Ethereum, from the Nasdaq Crypto Index. Each altcoin is equally weighted to promote diversification, allowing investors to gain broad exposure to crypto assets beyond Bitcoin and Ethereum without a heavy concentration in a single asset.

If you, as an institutional investor, are interested in meeting Virtune to discuss opportunities with our ETPs for your asset management or discretionary asset management offerings, or if you wish to learn more about Virtune and/or the company’s ETPs, please feel free to contact us at hello@virtune.com. You can also visit www.virtune.com to learn more about Virtune and our ETPs, and register your email address on our website to subscribe to newsletters with updates on upcoming ETP launches and other digital asset news.

Press Contact
Christopher Kock, CEO, Virtune AB (Publ)
Christopher@virtune.com
+46 70 073 45 64

Headquartered in Stockholm, Virtune is a fully regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders, and a highly skilled team, we empower investors worldwide to access innovative and sophisticated investment products aligned with the evolving global crypto market.

Disclaimer:
Investing in cryptocurrencies involves high risk. Virtune does not provide investment advice. Investments are made at your own risk. The value of securities may rise or fall, and there is no guarantee that you will recover your invested capital. Please read the prospectus, Key Information Document (KID), and terms at www.virtune.com.