2025-2-6 17:38 |
According to a recent press release, Swedish asset manager Virtune has introduced two new cryptocurrency exchange-traded products (ETPs) on Nasdaq Helsinki, offering Finnish investors a new avenue to engage with digital assets.
Concurrently, the crypto community is abuzz with the upcoming launch of the world’s first Bitcoin meme Initial Coin Offering (ICO) by Bitcoin Pepe.
Virtune introduces Avalanche and Cardano ETPs for Finnish investorsVirtune’s latest offerings, the Virtune Avalanche ETP and Virtune Staked Cardano ETP, which began trading on February 5, 2025 are designed to cater to Finnish investors looking for secure, institution-grade exposure to digital assets.
The Avalanche ETP provides a direct 1:1 exposure to Avalanche (AVAX), while the Staked Cardano ETP not only backs investments with the physical asset but also offers an additional 2% annual return through staking rewards.
The launch of the Staked Cardano ETP is particularly timely, given the recent bullish sentiment around Cardano. Veteran trader Peter Brandt has suggested that Cardano could be on the brink of a “grand bull market,” following a local chart bottom on January 16.
This prediction is supported by Cardano’s significant price surge of 88.8% between November 18 and December 3 of the previous year, when it reached $1.33, according to CoinGecko data, its highest value in nearly three years.
Christopher Kock, CEO of Virtune, emphasized the growing demand from Finnish investors as the driving force behind these new product launches.
This expansion follows Virtune’s earlier introduction of five crypto-related ETPs on Nasdaq Helsinki, showcasing the firm’s growing influence in the Scandinavian crypto market.
By partnering with Coinbase for asset custody, Virtune ensures that these assets are held securely in cold storage, accessible to both institutional and retail investors alike.
This approach not only underscores Virtune’s commitment to security and transparency but also highlights the increasing institutional interest in digital assets.
The emergence of the first Bitcoin meme ICOParallel to Virtune’s institutional offerings, the crypto community is buzzing with the upcoming launch of Bitcoin Pepe’s Bitcoin Meme ICO.
Scheduled to start its presale at 11 AM UTC on February 11, 2025, this initiative marks what is claimed to be the first ICO dedicated to Bitcoin memes.
This novel approach aims to blend the cultural phenomenon of memes with the financial potential of cryptocurrencies, potentially attracting a new demographic of investors interested in both digital assets and internet culture.
The simultaneous developments from Virtune and Bitcoin Pepe reflect a broader trend in the cryptocurrency market, where established firms and new ventures alike are innovating to capture the interest of diverse investor bases.
The move by Virtune into Finland with diversified ETPs, alongside BlackRock’s reported preparations to launch a Bitcoin ETP in Switzerland, signals a maturing market where both traditional and meme-based investments are finding their niche.
As digital assets continue to gain legitimacy and interest from both retail and institutional investors, the landscape of cryptocurrency investment is evidently broadening its horizons and for those looking for the next explosive memecoin to invest in they could consider the upcoming Bitcoin Pepe presale.
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origin »Time New Bank (TNB) на Currencies.ru
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