Virtune’s BNB ETP Hits Nasdaq Stockholm - Swedish Crypto Manager Brings Binance’s Token to Traditional Markets
Swedish crypto asset manager Virtune just dropped a bombshell on traditional finance—launching a BNB Exchange-Traded Product on Nasdaq Stockholm.
The Institutional Gateway
This isn't just another crypto listing. Virtune's move creates a regulated bridge for institutional capital to flow directly into Binance's native token. Investors get exposure without wrestling with wallets, private keys, or the regulatory gray zones of offshore exchanges. The Swedish Financial Supervisory Authority (FSA) green-lit the structure, wrapping BNB in a familiar, compliant package.
Why BNB, Why Now?
Timing is everything. The launch capitalizes on BNB's resurgence as the Binance ecosystem stabilizes post-regulatory settlements. Virtune's betting that institutions want the ecosystem play—access to transaction fee discounts, launchpad participation, and the broader Binance Smart Chain utility—without the operational headache. It's a pure-play on crypto's infrastructure, not just its price speculation.
The Nordic Crypto Corridor
Stockholm is fast becoming Europe's unlikely crypto hub. With clear regulations and a tech-savvy investor base, Sweden offers a template for institutional adoption. Virtune's ETP joins a growing suite of listed crypto products, turning the Nordic exchange into a one-stop shop for digital asset exposure. Traditional portfolios can now allocate to crypto as easily as they buy a blue-chip stock—another brick in the wall separating old money from its legacy systems.
A cynical take? It's another case of traditional finance finally building the door after the crypto crowd already blew a hole in the wall. But for pension funds and asset managers who need that door to justify their investments, Virtune just handed them the key.
Virtune add BNB ETP to its listing in Europe
This physically-backed exchange-traded product is designed to provide investors with a secure and low-cost channel for BNB investment. Like all of Virtune’s ETPs, Virtune BNB ETP is 100% physically backed by BNB.
The ETP has been added to a long list of 20 other Virtune ETPs including Virtune Bitcoin ETP, Virtune Staked ethereum ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Stablecoin Index ETP, and others.
Virtune’s product lineup has shown mixed performance so far in early 2026. Data from Virtune’s platform shows that some single-asset ETPs have posted small gains, such as Bitcoin ETPs at approximately 0.50% year-to-date and XRP ETPs at approximately 1.67%. On the other hand, staked Ethereum ETPs have declined by approximately 1.78% YTD.
More defensive products have performed relatively better, with the Virtune Stablecoin Index ETP reporting gains of approximately 7.25% since the start of the year.
The launch of BNB ETP follows the announcement of a 10:1 share split of the Virtune Bitcoin Prime ETP to improve trading liquidity and accessibility. The split will take effect on February 2, 2026, with each existing share splitting into ten new shares, reducing the NAV per share by a factor of ten.
Investors do not need to take any action as their total holdings’ value will not change. For example, if an investor owns 100 shares, they will have 1,000 shares post-split, with no change in total investment value. The product name and ticker will remain the same.
Institutional adoption fails to push BNB to new levels
Major institutions have adopted BNB in recent weeks. For instance, last week, the top crypto ETF issuer Grayscale filed a registration statement for a BNB ETF with the US SEC. The fund will also list on Nasdaq under the ticker GBNB. This is the second asset manager to file for the product after VanEck.
By extension, FLOKI became the first BNB chain coin to have an exchange-traded product in Europe. The product, Valour Floki SEK, officially debuted on Sweden’s Spotlight Stock Market on October 3.
Additionally, it was reported that Hedge Fund execs were looking to raise about $100 million to accumulate the coin to create the BNB treasury. BNC Network Company also shared that they were closing in on 1% of the total supply of the Binance coin. The firm purchased 38,888 BNB tokens in a single transaction.
However, the altcoin has yet to reflect the effect of this activity on its value. The token has fallen by more than 6% in the past week, bringing its decline over the past six months to 10%.
BNB is trading at approximately $872 and has a market cap of around $119B. As reported by Cryptopolitan, price predictors of crypto have revised their 2026-2027 forecast to a moderate growth rate of $1,050 to $1,200, which is a possible 20% to 35% growth of the present stock.
Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
