Virtune completes monthly rebalancing of Virtune Crypto Altcoin Index ETP.

Virtune AB has completed the monthly rebalancing of its Virtune Crypto Altcoin Index ETP, listed on Nasdaq Stockholm and Nasdaq Helsinki. The index now allocates 10% to Solana, XRP, and Cardano, with Chainlink at 16.51%, Solana at 13.37%, Cardano at 12.40%, Litecoin at 12.39%, Avalanche at 12.29%, Uniswap at 11.87%, Stellar at 10.44%, and XRP at 10.74%. Virtune's product portfolio includes various ETPs tracking different cryptocurrencies.

Virtune AB has completed the monthly rebalancing of its Virtune Crypto Altcoin Index ETP, which is listed on Nasdaq Stockholm and Nasdaq Helsinki. The index has now allocated 10% to Solana, XRP, and Cardano, with Chainlink at 16.51%, Solana at 13.37%, Cardano at 12.40%, Litecoin at 12.39%, Avalanche at 12.29%, Uniswap at 11.87%, Stellar at 10.44%, and XRP at 10.74%.

The rebalancing reflects the shifting dynamics of the cryptocurrency market and the evolving interest in various altcoins. Cardano (ADA) has shown steady momentum, with analysts predicting it could test the $1.00 level by the end of 2025 [1]. Meanwhile, XRP has also been gaining attention due to its potential partnership with Cardano, which could enhance interoperability and drive market interest.

Solana (SOL) has seen inflows of $177 million, indicating optimism over its potential future listed products and growing secondary-market interest [2]. The index's allocation to Solana, XRP, and Cardano underscores the increasing focus on these altcoins within the cryptocurrency ecosystem.

Virtune AB's product portfolio includes various ETPs tracking different cryptocurrencies, providing investors with diversified exposure to the cryptocurrency market. The monthly rebalancing ensures that the index remains aligned with the latest market trends and investor preferences.

References:
[1] https://www.cryptopolitan.com/cardano-ada-poised-for-1-as-xrp-partnership-is-set-to-trigger-price-boom-but-this-new-altcoin-could-explode-3500/
[2] https://en.coinotag.com/spot-ether-etps-may-retain-dominance-as-crypto-etps-attract-2-48-billion-in-weekly-inflows/