Virtune Bitcoin ETP

The market value of cryptocurrencies is determined by supply and demand, just like other financial assets. The crypto market is a relatively new market, therefore we can also see that the market value of cryptocurrencies varies more over time than traditional asset classes such as stocks. The maximum supply of almost every cryptocurrency is limited. In traditional currencies such as EUR and USD, which are also called fiat currency, the setup is different. The value of traditional currencies is largely based on the decisions of central banks. In the long term, the central banks' monetary policy will be able to lead to inflation. The cryptocurrencies, on the other hand, are immune to the central banks' monetary policy. Because of this, cryptocurrencies offer an interesting alternative to the current monetary system. Cryptocurrencies can have many different use cases. Since the first cryptocurrency (Bitcoin), thousands of different cryptocurrencies have appeared in the crypto market. Each cryptocurrency has its own strengths and weaknesses. When investing in cryptocurrencies, it is important to learn and discover the purpose of the relevant cryptocurrency and other background information to ensure that it is reliable and suitable to invest in.

Our products are listed on exchanges such as Nasdaq Stockholm and Boerse Stuttgart, and they can be traded through online brokers like Avanza and Nordnet. We are continuously working to expand the availability of trading our products on more exchanges and investment platforms, both within Sweden and internationally.

Virtune's ETPs are always 100% backed by equivalent cryptocurrencies stored in cold storage at Virtune's Nasdaq-approved custodian. The underlying cryptocurrencies determine the price of the ETPs. Price movements are always based on a 1:1 correlation to the underlying cryptocurrencies.

No, not if you buy our products via an ISK or capital insurance. But if you buy our products via a traditional/regular custody account, you need to declare each of your purchases/sales to the Swedish Tax Agency in your annual declaration.

Investing in Virtune's ETPs offers several distinct advantages for you as an investor:

Simple and Secure: You avoid the complexity of creating and managing a digital wallet, as well as the challenges of selecting a secure cryptocurrency exchange for trading. All aspects of security and storage are handled by us.

Tax Efficiency: Investing in our ETPs can be associated with tax benefits. In Sweden it is possible to invest in our ETPs through an Investment Savings Account (ISK) or a Capital Insurance means you do not need to declare individual transactions. Instead of a 30% capital gains tax on direct cryptocurrency trading, you pay an annual fixed tax, which can provide significant tax benefits.

Regulated Trading Venue: Our products are traded on Nasdaq Stockholm, a regulated and secure marketplace, adding an additional layer of safety and reliability to your investment.

Physically Backed Products: All our ETPs are 100% physically backed, meaning that actual cryptocurrencies are stored corresponding to the market value of each ETP, ensuring transparency and trust.

Staking Opportunities: Some of our products also offer staking, which is managed by us and provides extra returns without any effort required from you.

Virtune is a Swedish company based in Stockholm, registered as a financial institution with the Financial Supervisory Authority, with an EU-approved base prospectus for the market listing of crypto ETPs. We strive to be the safe choice for your crypto investments.

The cryptocurrencies held at our custodian are always segregated from our own balance sheet. We have chosen to include a collateral agent whose purpose is to protect and represent the investors in our ETPs. In an unlikely event where Virtune would become insolvent or go bankrupt, our collateral agent would take over the operations, sell of the cryptocurrencies, and subsequently redeem all ETPs, paying out the relevant amount minus fees in SEK or EUR to all ETP holders.

We have chosen to collaborate with the Law Debenture Trust Corporation as our collateral agent. By having a collateral agent, we reduce the credit risk to Virtune as the issuer, making our ETPs a safer choice for your investments.