Virtune Launches Avalanche And Staked Cardano ETPs On Nasdaq Helsinki

Digital asset manager Virtune established its latest two crypto exchange-traded products (ETPs) on Nasdaq Helsinki. The ETP market now includes the Virtune Avalanche ETP and the Virtune Staked Cardano ETP.

Digital asset management firm Virtune has listed its latest two crypto exchange-traded products (ETPs) on Nasdaq Helsinki. The ETPs are now available for trading, offering investors exposure to Avalanche (AVAX) and staked Cardano (ADA).

The launches follow Virtune’s successful entry into the Finnish market in January with the launch of three crypto ETPs. The new products expand Virtune’s crypto ETP lineup, catering to the growing demand for crypto investment products in Finland.

Investors can now gain direct exposure to the Avalanche (AVAX) blockchain, known for its high-speed performance and exceptional scalability, through Virtune’s Avalanche ETP. The new ETP is backed 100% physically by AVAX holdings, which Virtune stores in Coinbase’s cold storage system.

The product is designed to be accessible to Finnish investors with its euro denomination. The Avalanche ETP carries a management fee of 1.49%, like other Virtune ETP products. This ETP allows institutional and retail investors to integrate blockchain-based assets into their portfolios as the adoption of Avalanche grows, using a secure and regulated investment instrument.

The Avalanche ETP commenced trading on February 5, 2025, under the Nasdaq Helsinki symbol VIRAVAXE. The product is available for trading on both Nasdaq Helsinki and Nasdaq Stockholm.

The launch of the Staked Cardano ETP provides investors with direct ownership of Cardano (ADA) while earning 2% annual passive income through the staking rewards. This feature distinguishes the Cardano ETP by offering investors a passive income stream through staking in addition to benefiting from the growth potential of the underlying ADA asset.

The launch of the Staked Cardano ETP is fully backed physically by storing ADA tokens in Coinbase cold storage systems. The Cardano ETP operates as a euro-denominated asset for Finnish investors’ ease of access when dealing with the product. This product charges a management fee of 1.49%.

Both the Avalanche ETP and Staked Cardano ETP were launched by Virtune on February 5, 2025, under the ticker VIRADAE. The product is available on Nasdaq Helsinki and Nasdaq Stockholm, allowing investors from multiple markets to benefit from this new opportunity.

These two ETPs follow Virtune’s official entry into the Finnish market in January 2025. The Nordic ETP market has seen significant support with the introduction of five crypto-backed ETPs, covering Bitcoin (BTC), Solana (SOL), and Ethereum (ETH). By adding the Avalanche and Cardano ETPs to its lineup, Virtune positions itself as a key provider of authorized and secure crypto investment products in Finland.