Buying Bitcoin via Nordnet is a popular choice for many Swedish investors who want to benefit from Bitcoin’s potential without having to manage the security of a personal digital wallet. Virtune Bitcoin ETP is a product that simplifies and secures the process of investing in Bitcoin through Nordnet and Avanza.
Virtune Bitcoin is a physically backed exchange-traded product (ETP) that enables you to invest in Bitcoin without purchasing or storing the crypto asset yourself. The product is listed on Nasdaq Stockholm and traded in Swedish kronor, making it accessible and easy to understand for Swedish investors, especially those using Nordnet.
You can buy Virtune Bitcoin directly through Nordnet’s platform, just as you would trade stocks and funds. This eliminates the need to manage digital wallets or private keys yourself.
Virtune stores Bitcoin in “cold storage” (offline) with the leading custodian institution Coinbase. This minimizes the risk of cyberattacks and theft, which is a crucial safety factor for investors.
Virtune has published its public Bitcoin wallet address, allowing you to verify that the product is fully backed by Bitcoin. See Virtune’s holdings here: Virtune Bitcoin Holdings
When purchasing Virtune Bitcoin through an Investment Savings Account (ISK) at Nordnet, you avoid paying capital gains tax on profits. Instead, you benefit from the ISK’s flat-rate tax model, which is often a more tax-efficient option compared to directly owning and selling Bitcoin.
Virtune employs a Security Agent to safeguard and represent the interests of its product investors. Furthermore, the crypto assets stored in cold storage at Coinbase are segregated from Virtune’s balance sheet.
For those looking to buy Bitcoin on Nordnet, Virtune Bitcoin offers a secure, simple, and transparent solution. With a focus on secure storage and easy handling, this is an excellent product for both beginners and experienced investors. Explore how you can diversify your portfolio with Bitcoin – without the technical complexities.
Link to Nordnet: Virtune Bitcoin ETP on Nordnet
Link to Avanza: Virtune Bitcoin ETP on Avanza
Learn more about Virtune Bitcoin: Virtune Bitcoin Product Information
Investing in cryptocurrencies is associated with 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.