Virtune AB (Publ) announced the admission of Virtune Bitcoin ETP in the German market on Boerse Stuttgart. The crypto market has experienced a considerable pick up in the autumn, especially during October, where Bitcoinsurged by 26% and other cryptocurrencies that have followed this upward trend. Virtune has witnessed strong traction in the Nordic markets with continuous steady inflows, making this expansion a natural progression for the company.

Virtune Bitcoin ETP is a 100% physically backed ETP with Coinbase serving as its crypto custodian. This ETP offers investors a carbon neutral exposure to Bitcoin where Virtune has entered into a partnership with ClimatePartner to calculate the carbon emissions for its Bitcoin holdings related to this ETP. Virtune, a registered financial institution by the Swedish Financial Supervisory Authority (FSA), has demonstrated its unwavering commitment to compliance and financial security through its regulated status and compliant with the stringent requirements set by Nasdaq.

The Swedish FSA approved the company's base prospectus on April 5th, 2023 and as a result, the company has been admitting ETPs to Nasdaq Stockholm as part of its core strategy. Virtune's overarching goal is to offer seamless access to crypto for both institutional and retail investors through innovative ETPs, transparency and education. Key Information about the Product: Exposure to Bitcoin combined with carbon neutrality 100% physically backed 1.49% annual management fee Virtune Bitcoin ETP: Trading currency: EUR First day of trading: 20th of November Ticker: VIRBTC ISIN: SE0020845709 WKN: A3G9AF Exchanges: Nasdaq Stockholm, Boerse Stuttgart.