đ¨BREAKING NEWSđ¨ Finland welcomes first crypto ETP on Nasdaq Helsinki by Virtune
Finnish investors can now access regulated crypto ETPs through Virtune's launch of five euro-denominated products on Nasdaq Helsinki. These ETPs provide exposure to top cryptocurrencies like Bitcoin and Ethereum, making it easier for investors to invest in crypto directly in euros.
Finnish investors gain regulated access to crypto ETPs as Virtune launches five euro-denominated products on Nasdaq Helsinki.
Virtune, a Swedish crypto asset manager, has launched Finland's first crypto exchange-traded products on Nasdaq Helsinki, making it easier for Finnish investors to invest in crypto directly in euros.
The launch includes five different ETPs, all physically backed and fully collateralized, the asset manager said in a Jan. 20 press release. The products are available through major Nordic brokers like Nordnet.
Virtune chief executive Christopher Kock called the launch a "crucial milestone," saying, the firm is "thrilled to introduce Finland's first crypto ETPs and to be the pioneer in bringing secure and regulated crypto ETPs to the Nordic markets."
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The ETPs offer exposure to top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH) with staking rewards, XRP (XRP), and Solana (SOL) with staking benefits. There's also an altcoin index tracking 10 big altcoins.
"ETN products provide access to alternative investments while maintaining the transparency of a regulated marketplace, and we are happy to launch this new segment at Nasdaq Helsinki with Virtune as the first issue."
Henrik Husman, president of Nasdaq Helsinki
Virtune's ETPs also mark the largest simultaneous crypto ETP launch in Nordic history as they open Finland's âŹ20.5 billion ETP market to crypto, allowing investors to use their existing brokerage accounts.
EOS Cryptocurrency Price Drops 11% as Bearish Sell-Off Published 11/18/2024, 02/13 View all comments (0) EOS Cryptocurrency Price Drops 11% as Bearish Sell-Off Investing.com - EOS cryptocurrency was trading at $0.6179 by 02:11 AM (19:11 GMT) on the Investing.com Index on Sunday, down 10.51% for the day. That was its biggest one-day percentage loss since July 4.
The downtrend has reduced EOS's market cap to $945.9028B, or 0.05% of the total cryptocurrency market cap. At its highest, EOS's market cap was $17.5290B.
EOS had been trading in a range of $0.6161 to $0.6870 in the previous 24 hours.
Over the past seven days, EOS has increased in value, gaining 4.42%. EOS volume traded in the last 24 hours to time of writing was $245.7574M or 0.10% of the total volume of all cryptocurrencies. The price has traded in a range of $0.5356 to $0.7090 in the past 7 days.
At current prices, EOS is still down 97.31% from its all-time high of $22.98 on April 29, 2018.
Elsewhere in cryptocurrency trading Bitcoin was last trading at $89,976.2 on the Investing.com Index, down 1.51% on the day.
Ethereum was trading at $3,088.54 on the Investing.com Index, down 3.03%.
Bitcoin's market cap is at $1,779.9210B or 93.44% of the total cryptocurrency market cap, while Ethereum's market cap is at $371.2249B or 19.49% of the total cryptocurrency market value.