Virtune Launches Avalanche and Staked Cardano ETPs on Nasdaq Helsinki

• Virtune lists Avalanche and Staked Cardano ETPs on Nasdaq Helsinki, expanding crypto options.
• Both Avalanche and Cardano ETPs offer 1:1 exposure with staking rewards for investors.
• The new ETPs are fully backed, secure in cold storage, and available in euros.

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. The new products have been created to satisfy growing investor interest in crypto investment products throughout Finland. The launch added new products to its portfolio after the initial crypto ETPs proved successful when launched in January.

Exposure to Avalanche (AVAX)

Through its Virtune Avalanche ETP, investors can obtain direct exposure to the Avalanche (AVAX) blockchain, which is known for delivering both high-speed performance and exceptional scalability. The new ETP consists of 100% physical backing from AVAX storage, which Virtune manages using Coinbase’s cold storage system.

The product’s euro denomination makes it accessible to interested Finnish investors. Like other Virtune ETP products, the Avalanche ETP carries a management fee of 1.49%. As Avalanche adoption grows, this ETP enables institutional and retail investors to access blockchain-based assets using a secured and regulated investment instrument.

On February 5, 2025, the Avalanche ETP began trading under the Nasdaq Helsinki symbol VIRAVAXE. In addition to Nasdaq Helsinki the product can be traded on Nasdaq Stockholm.

Virtune Staked Cardano ETP

The launch of Staked Cardano ETP gives investors direct ownership of Cardano (ADA) while earning 2% annual passive income through the staking rewards. This feature sets the Cardano ETP apart by offering investors a passive income through staking while benefiting from the growth potential of the underlying ADA asset.

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

Virtune launched the Avalanche ETP and Staked Cardano ETP simultaneously on February 5, 2025, under the ticker VIRADAE. The product is available on Nasdaq Helsinki and Nasdaq Stockholm, so investors from diverse markets can take advantage of this new opportunity.

A Growing Crypto ETP Market in Finland

Virtune introduced these two ETPs after the company officially entered the Finnish market in January 2025. The Nordic ETP market has received substantial support following its introduction of five crypto-backed ETPs, which represent Bitcoin (BTC), Solana (SOL), and Ethereum (ETH). By introducing Avalanche and Cardano ETPs to its portfolio, Virtune positions itself as Finland’s dominant provider of authorized and secure crypto investment products.