Virtune Launches Staked Cardano ETP on Nasdaq Helsinki, Giving Institutional Investors Access to ADA

Swedish digital asset management firm Virtune has officially launched the Virtune Staked Cardano ETP on Nasdaq Helsinki, giving institutional investors a way to access Cardano

Swedish digital asset management firm Virtune has officially launched the Virtune Staked Cardano ETP on Nasdaq Helsinki, giving institutional investors a way to access Cardano through a regulated, physically backed investment vehicle. This launch adds to the company’s growing portfolio of crypto ETPs, solidifying its commitment to providing innovative digital asset solutions.

The Virtune Staked Cardano ETP, which began trading on February 5, 2025, offers investors 1:1 exposure to Cardano. What makes this ETP different is its additional return from staking rewards, which are added to the daily price of the product. As noted in their press release, this helps investors earn passive income by participating in staking.

Similar to all of Virtune’s exchange-traded products, the Virtune Staked Cardano ETP is 100% physically backed by ADA tokens. Additionally, it’s priced in euros (EUR) for the Finnish market, and it comes with an annual management fee of 1.49%. As noted, the product will be available through brokers and banks, including Nordnet, making it accessible to many investors.

In addition, ADA tokens within the ETP will be stored in cold storage with the firm’s custodian, Coinbase, ensuring the safety and integrity of the assets. By offering this product, Virtune bridges the gap between traditional financial institutions and the growing crypto market, further solidifying Cardano’s position as a viable asset class for institutional portfolios.

On January 20, 2025, Virtune expanded its offerings by launching five additional crypto ETPs on Nasdaq Helsinki. These included the Bitcoin ETP, Ether ETP, Solana ETP, XRP ETP, and the Virtune Crypto Altcoin Index ETP.

These products received a strong reception from the Finnish market, providing institutional and retail investors with access to some of the leading cryptocurrencies.

The Virtune Bitcoin ETP and Virtune Staked Ether ETP offer exposure to Bitcoin and Ethereum, respectively, while the Virtune Staked Solana ETP and Virtune XRP ETP provide access to Solana and XRP, with the added benefit of staking rewards for Solana.

Following the launch of these new ETPs, Cardano (ADA) recorded a price increase of 1.82%, reaching $0.7623 at the time of this writing. However, trading volume for ADA has decreased by 37.61%, signaling a drop in market activity.

Additionally, the circulating supply of ADA stands at 35.19 billion, out of a maximum supply of 45 billion, leaving room for additional issuance in the future.