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Virtune Drops Coinbase 50 Index ETP on Xetra—Another Crypto Bet for Mainstream Suits
Virtune Drops Coinbase 50 Index ETP on Xetra—Another Crypto Bet for Mainstream Suits
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Stockholm-based Virtune AB just lobbed another institutional-grade crypto product into the ring—this time tracking Coinbase's top 50 assets. No surprises: it's heavy on the usual suspects (BTC, ETH) with a side of mid-cap alts.
Why it matters: European investors now get passive crypto exposure without self-custody headaches—or admitting they actually understand blockchain.
The fine print: Like all crypto ETPs, this one walks the regulatory tightrope—packaged as a 'security' to please EU bureaucrats while delivering that sweet, unregulated volatility.
Bottom line: Another brick in the wall of financialization. Because nothing screams decentralization like tradable instruments wrapped in ISIN codes.
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