TechFlow, December 19 — According to Virtune AB, Virtune, a Swedish regulated digital asset management company, announced the launch of the Virtune Bittensor ETP, an innovative cryptocurrency exchange-traded product listed on the Nasdaq Stockholm exchange.
This physically backed exchange-traded product is designed to provide investors with a secure and cost-effective way to gain exposure to Bittensor (TAO). The product features a transparent, physically backed structure with institutional-grade security.
Product details include: 1:1 exposure to Bittensor, 100% physically backed by TAO, and an annual management fee of 1.95%. The ticker symbol is VIRTAO, priced in Swedish krona, with trading commencing on December 19.
Virtune CEO Christopher Kock stated that this is the company's 21st product, offering both institutional and retail investors a secure and direct way to access TAO exposure.
