The Swedish digital asset management company Virtune has introduced new exchange-traded products (ETP) based on Avalanche (AVAX) and Cardano (ADA) cryptocurrencies. These tools are already available to Finnish investors on the Nasdaq Helsinki stock Exchange.

The first Virtune Avalanche fund makes it possible to invest in AVAX, and the second, called Virtune Staked Cardano, allows you to invest money in ADA and earn additional income of 2% per annum in the form of a reward for staking coins purchased by Virtune in exchange for issued ETP units.

Christopher Kok, CEO of Virtune, stated that the launch of these products is driven by the growing demand for cryptocurrency investments among institutional and retail investors in Finland. The assets will be stored in cold storage through the Coinbase custody service, which will ensure their reliability and security.

These products complement previously launched Virtune ETP, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and XRP. The introduction of Avalanche and Cardano confirms the company's strategy to expand its portfolio of crypto assets in the European stock markets.