- •Virtune launched Europe’s first stablecoin-focused ETP across Nasdaq Stockholm, Nasdaq Helsinki, and Deutsche Börse Xetra.
- •The index includes Ethereum, XRP, Solana, Chainlink, Stellar, and Aave.
- •Fully backed by Coinbase-held assets, it provides regulated access to the stablecoin market.
Virtune, a regulated Swedish crypto asset manager, has introduced the Virtune Stablecoin Index ETP, now listed on Nasdaq Stockholm, Nasdaq Helsinki, and Deutsche Börse Xetra. This launch marks the company’s 20th exchange-traded product and the first stablecoin-focused index ETP in Europe.
The new product reflects the growing institutional and retail demand for exposure to the global stablecoin ecosystem, which continues to influence the future of digital payments. Investors can now access the Virtune Stablecoin Index ETP through a range of brokers and banks including Avanza, Nordnet, SAVR, Scalable Capital, Smartbroker, and Finanzen Zero.
Virtune’s CEO, Christopher Kock, described the initiative as part of a broader effort to provide regulated and transparent crypto investment products to European markets. He added that stablecoins, now supported by regulatory frameworks such as MiCA and the Genius Act, are set to play a key role in how financial transactions evolve globally.
Inside the Virtune Stablecoin Index ETP
The Virtune Stablecoin Index ETP provides diversified exposure to the blockchains and crypto assets that form the foundation of the stablecoin economy. Instead of holding stablecoins directly, the product tracks the networks and infrastructure that support their use. These include Ethereum, XRP, Solana, Chainlink, Stellar, and Aave.
As of November 4, Ethereum makes up 42.9% of the index, followed by XRP at 23.5%, Solana at 18.43%, Chainlink at 6.06%, Stellar Lumen at 5.75%, and Aave at 3.36%. This allocation helps reduce concentration risk while reflecting the wider impact of stablecoin adoption on blockchain ecosystems.
Each transaction on these blockchains requires the use of native tokens, which are influenced by rising stablecoin activity. As more stablecoins are issued and circulated, demand for these networks and their tokens increases. The index aims to capture this relationship by mirroring the activity and utility growth across major blockchain platforms.
The product is 100% physically backed, with assets securely stored in Coinbase cold storage. It will be rebalanced quarterly, carries a 1.95% annual management fee, and trades in both SEK and EUR. Bloomberg lists the ETP under the ticker “STABLE”.
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A Milestone for Europe’s Regulated Crypto Market
The launch of the Virtune Stablecoin Index ETP marks an important step in Europe’s regulated crypto investment market. With listings across several major exchanges, the product gives both institutional and retail investors the chance to engage with one of the most stable segments of digital assets.
Helena Wedin, Head of ETF and ETP Services for European Markets at Nasdaq, noted that the listing highlights the strong growth of the ETP market and Nasdaq’s ongoing support for regulated digital asset innovation.
Virtune’s collaboration with MarketVector, a BaFin-registered benchmark administrator, adds further credibility to the index. MarketVector’s Director of Digital Asset Research, Martin Leinweber, explained that the index captures the evolution of stablecoins and their infrastructure, combining thematic investment principles with blockchain technology.
Since launching its first ETP in 2023, Virtune has grown its assets under management to $400 million and earned the trust of over 150,000 investors. The firm’s focus on transparency and investor protection has established it as a key player in Europe’s digital asset landscape.
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Building a Bridge Between Stability and Innovation
The Virtune Stablecoin Index ETP represents more than another addition to Virtune’s lineup. It bridges traditional finance and the expanding world of blockchain infrastructure. By targeting the networks that power stablecoins, the product offers a regulated and simplified way for investors to benefit from one of the fastest-growing areas in global finance.
As stablecoins continue to gain traction among banks, payment providers, and digital platforms, Virtune’s approach positions it at the intersection of stability and innovation. This strategy not only strengthens investor confidence but also supports Europe’s transition toward a more transparent and inclusive digital economy.