XRP is a digital currency developed by Ripple Labs primarily for real-time, cross-border payments and remittances, offering fast transaction speeds and low fees compared to traditional banking systems. It operates on the decentralized XRP Ledger, designed to facilitate seamless, secure, and scalable financial transactions globally.
XRP enables international payments to be completed in seconds, a significant improvement over the days or even weeks required by traditional bank transfers.
With remarkably low transaction fees, XRP makes both small and large transfers more affordable.
The XRP network can process thousands of transactions per second, making it capable of handling high volumes with ease.
Hundreds of leading financial institutions worldwide uses XRP's blockchain, enhancing its credibility and facilitating widespread adoption in the global financial ecosystem.
Virtune XRP ETP provides exposure to XRP through a 100% physically backed and regulated investment product listed on Nasdaq Stockholm. Coinbase, the global leader in institutional custody solutions, serves as the custodian for securely storing XRP in cold-storage.
This product allows you to expose yourself to XRP in as straightforward a manner as trading a stock through your online broker. Your investment in XRP is managed alongside your other securities investments. Additionally, the product can be held in your ISK (Investeringssparkonto) or capital insurance, potentially providing tax advantages.
Our product is 100% physically backed, meaning that we always store XRP with our custodian Coinbase in an amount equal to at least 100% of the value of all our ETPs.
Virtune employs a Collateral Agent whose purpose is to protect and represent investors in our products. The cryptocurrencies held in cold storage (offline) at Coinbase are separate from Virtune's balance sheet.
Fee
Bloomberg
ISIN
Issuer
WKN
Last updated : 2024-07-04
Assets under management
Units outstanding
NAV per unit
Inception Date
XRP per ETP
Custodian
Market maker
Authorised Participant
Collateral Agent
Administrator
Exchange | Exchange code | Market Maker | Listing date | Bloomberg code |
---|---|---|---|---|
Nasdaq Stockholm | VIRXRP | Flow Traders B.V. | 2024-07-02 | VIRXRP |
The world's largest cryptocurrency
Store of value
1.49% annual management fee
The world's second largest cryptocurrency
Staking for improved return
Non-custodial staking for increased security
1,40% annual management fee
Broad exposure to up to 10 leading cryptocurrencies
Rules-based index strategy
Monthly rebalancing to reflect current market conditions
1,95% annual management fee
Chainlink collaborates with world-leading financial institutions
Connects traditional finance with crypto
1.49% annual management fee
Connecting blockchains together
4% additional annual return through staking
Non-custodial staking for increased security
1.49% annual management fee
Layer 2 scaling solution for Ethereum
Enhances Ethereum's smart contract efficiency
1,95% annual management fee
Manages thousands of transactions per second
3% additional annual return through staking
Non-custodial staking for increased security
Lightning-fast transactions, minimal fees
2% extra annual return through staking
Non-custodial staking for increased security
Empowering easy global financial transactions
2% extra annual return through staking
Non-custodial staking for extra increased security
Designed for scalability
Growing ecosystem with diverse use cases
Smart contracts with great capabilities
Virtune is a Swedish company with Swedish owners and with its seat on Kungsgatan 26, Stockholm.
Virtune cooperates with international and market-leading partners to create secure and innovative investment products.
Virtune is a financial institution registered with the Swedish FSA to manage and trade cryptocurrencies.
Our name, Virtune, is a combination of the words โvirtualโ and โfortuneโ. We strongly believe that the future of the crypto market holds exciting potential. Through traditional financial products traded on stock exchanges, we provide both institutional and retail investors with access to the world of crypto. This is the Virtune way.
Stay informed and sign up for our monthly newsletters to receive exclusive insights about the crypto market and performance of our products.
Subscribe