Virtune Launches EU’s First Stablecoin Infrastructure ETP

Swedish asset manager Virtune AB has launched Europe’s first stablecoin infrastructure ETP, trading as STABLE on Nasdaq Stockholm and Helsinki, and as VRTN on Deutsche Börse Xetra. The ETP is physically backed by digital assets held in Coinbase Custody and rebalanced quarterly. It offers traders exposure to blockchain networks that underpin stablecoins—Ethereum, XRP, Solana, Chainlink, Stellar, and Aave—without direct token holdings. The product carries a 1.95% annual fee and supports trading in SEK and EUR through major brokers. The listing aligns with Europe’s MiCA regulation and Nasdaq’s strategy to expand regulated digital asset products. By focusing on stablecoin infrastructure rather than the tokens themselves, this ETP diversifies risk and removes the need to manage private wallets or private keys. The launch taps into the $314.5 billion stablecoin market and offers a regulated entry point for both institutional and retail investors. For crypto traders, the stablecoin infrastructure ETP represents a new tool to diversify portfolios with infrastructure assets in a compliant framework.