Virtune Rebalances Crypto Top 10 Index ETP for October
Virtune AB (Publ) has completed the monthly rebalancing for October of its Virtune Crypto Top 10 Index ETP, the first crypto index ETP in the Nordics. The ETP is listed on Nasdaq Stockholm and includes two versions: one denominated in SEK (VIR10SEK) and another in EUR (VIR10EUR).
The rebalancing of the Virtune Crypto Top 10 Index ETP aims to ensure that it reflects current market conditions. This month, there were no changes to the crypto assets included in the index.
As of September 30th, before rebalancing, the index allocation was as follows: Bitcoin (38.85%), Ethereum (30.78%), BNB (9.55%), XRP (9.12%), Solana (6.60%), Hyperliquid (1.83%), Chainlink (1.06%), Cardano (0.86%), Stellar (0.75%), and Bitcoin Cash (0.59%). After rebalancing, the allocation changed to: Bitcoin (40.00%), Ethereum (30.56%), BNB (9.71%), XRP (8.59%), Solana (6.36%), Hyperliquid (1.92%), Chainlink (0.89%), Cardano (0.82%), Stellar (0.67%), and Bitcoin Cash (0.49%).
The Virtune Crypto Top 10 Index ETP has a maximum weight of 40% per crypto asset, promoting diversification.