Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for August 2024 of its Virtune Crypto Top 10 Index ETP, the first crypto index ETP in the Nordics

Stockholm, 2nd of September 2024 – Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:  Virtune Bitcoin ETP, Virtune Staked Ethereum ETP,  Virtune Staked Solana, Virtune Staked Polkadot ETP, Virtune XRP ETP, Virtune Avalanche ETP, Virtune Chainlink ETP, Virtune Arbitrum ETP, Virtune Staked Polygon ETP and Virtune Staked Cardano ETP.

Index allocation as of 30th of August (before rebalancing):

Bitcoin 43.54%
Ethereum 36.77%
Solana 9.04%
Ripple 4.28%
Cardano 1.82%
Avalanche 1.39%
Chainlink 0.98%
Polkadot 0.92%
Litecoin 0.67%
Polygon 0.59%

Index allocation as of 30th of August (after rebalancing):

Bitcoin: 40.00%
Ethereum: 40.00%
Solana: 9.36%
XRP: 4.51%
Cardano: 1.85%
Avalanche: 1.41%
Chainlink: 0.96%
Polygon: 0.70%
Litecoin: 0.65%
Uniswap: 0.55%

In connection with this month’s rebalancing, there has been a change in the crypto assets included in the index. Polkadot has been removed from the index and Uniswap has entered the index. Virtune Crypto Top 10 Index ETP SEK outcome for August was -14.47%.

The rebalancing is carried out according to the index that the ETP tracks, the Virtune Vinter Crypto Top 10 Index, and this is the sixteenth rebalancing since the product was listed on 15th of May 2023. The purpose of the monthly rebalancing is to ensure that the ETP always reflects the current market conditions and to effectively absorb volatility in the crypto market.