Virtune Launches Staked Solana ETP on Euronext Amsterdam, Offering Additional Returns via Staking
Swedish digital asset manager Virtune has announced the listing of its Virtune Staked Solana ETP on Euronext Amsterdam, according to a report from Investors Hangout. This Exchange Traded Product (ETP) tracks the price of Solana (SOL) while providing investors with additional returns through staking. The ETP carries an annual management fee of 0.95% and marks another step in Virtune’s rapid growth within the cryptocurrency investment space.
Since its establishment in May 2023, Virtune has launched 12 cryptocurrency-related products, further solidifying its position as a leading provider of digital asset investment products in Europe.
Virtune Staked Solana ETP: A New Offering for Crypto Investors
The Virtune Staked Solana ETP offers investors a unique opportunity to gain exposure to Solana (SOL), a popular Layer-1 blockchain, while benefiting from the staking rewards associated with the Solana network. This ETP allows investors to participate in staking without directly managing their own staking infrastructure, providing a more accessible and efficient way to earn passive income from SOL staking rewards.
By tracking the price of Solana and incorporating staking returns, the Virtune Staked Solana ETP offers a compelling investment option for those interested in both price appreciation and yield generation within the Solana ecosystem.
Virtune’s Continued Expansion in Cryptocurrency Products
Since its inception in May 2023, Virtune has quickly become a significant player in the digital asset investment space. The launch of the Virtune Staked Solana ETP on Euronext Amsterdam is part of the company’s broader strategy to offer innovative cryptocurrency-related investment products that appeal to a wide range of investors.
With the introduction of 12 products within its first year of operations, Virtune is committed to providing accessible, institutional-grade exposure to cryptocurrencies. These offerings allow investors to gain exposure to digital assets through familiar financial instruments, such as ETPs, without the complexities of managing crypto wallets or securing private keys.
Why Solana? A Fast-Growing Blockchain Ecosystem
Solana (SOL) has rapidly become one of the most prominent blockchain networks due to its high transaction speeds and low fees, making it a favorite among decentralized applications (dApps) and DeFi platforms. The Virtune Staked Solana ETP capitalizes on Solana’s growing popularity by offering investors exposure to this blockchain ecosystem while enabling them to benefit from staking rewards.
Staking SOL allows holders to participate in securing the Solana network while earning additional yield. By incorporating staking into its ETP, Virtune provides a simplified way for investors to take advantage of staking rewards without having to manage the technical aspects of staking.
Low Fees and Accessibility for European Investors
The Virtune Staked Solana ETP is designed to be an accessible product for both retail and institutional investors in Europe. With an annual fee of 0.95%, the ETP offers a cost-effective way for investors to gain exposure to Solana’s price movements and earn staking rewards, all within a regulated and familiar financial product.
The listing on Euronext Amsterdam, one of Europe’s leading stock exchanges, enhances the accessibility of the product, allowing European investors to integrate crypto assets into their portfolios through a trusted platform.
Conclusion: Virtune Expands with Staked Solana ETP on Euronext Amsterdam
The launch of the Virtune Staked Solana ETP on Euronext Amsterdam highlights Virtune’s commitment to offering innovative and diversified investment products within the cryptocurrency space. By providing exposure to Solana’s price and staking rewards, the ETP offers a unique value proposition for investors looking to participate in the Solana ecosystem.
As Virtune continues to expand its offerings, this product is likely to attract both crypto enthusiasts and traditional investors looking for new ways to diversify their portfolios and capitalize on the growth of digital assets.
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