#AICrashOrComeback
In a press release, asset management firm Virtune announced the launch of two new crypto exchange-traded products: Virtune Avalanche Avalanche
avax
-3.12%
Avalanche ETP and Virtune Staked Cardano Cardano
-1.72%
Cardano ETP on Nasdaq Helsinki. This is the first time a Cardano-backed ETP and an Avalanche-backed ETP is introduced on Finland’s stock market.
By trading crypto-backed ETPs, investors are granted exposure to digital assets like Avalanche and Cardano through Virtune ETPs. According to the press release, both ETPs are physically backed and fully collateralized. In addition, Virtune Avalanche ETP and Virtune Staked Cardano ETP are both denominated in euro, making it easier for Finnish traders to invest in the product.
