Key Takeaways:
- Broad market access: Tracks Coinbase 50 Europe Index (COIN50E), covering 21 major cryptocurrencies at launch
- Institutional-grade: 100% physically backed with Coinbase custody and a 0.95% management fee
- Regulated gateway: Available on Deutsche Börse Xetra across 11 European markets
- Index potential: Virtune CEO calls COIN50E “the crypto equivalent of S&P 500”
A New Benchmark for Crypto Investment in Europe
Swedish crypto asset manager Virtune has made history by listing Europe’s first exchange-traded product (ETP) tracking the Coinbase 50 Europe Index on Deutsche Börse’s Xetra exchange. The Virtune Coinbase 50 Index ETP (VCOIN50) provides regulated exposure to 21 leading digital assets, with plans to eventually include all 50 tokens in the benchmark index.
Virtuene posted on its official X account:
This launch marks a major milestone for institutional crypto adoption in Europe, combining:
- Coinbase’s custody infrastructure
- MarketVector’s index methodology
- Virtune’s regulated ETP framework
Why This ETP Stands Out
1. Diversified Crypto Exposure
The COIN50E index includes:
- Blue-chip assets (Bitcoin, Ethereum)
- Major altcoins (Solana, XRP)
- Emerging tokens meeting strict liquidity/regulatory criteria
2. Institutional Safeguards
- 100% physical backing of underlying assets
- Quarterly rebalancing to maintain index accuracy
- Coinbase custody with enterprise-grade security
3. Accessibility
Trading under ticker VRTC, the ETP is available in:
- Germany
- Nordic markets
- Key EU jurisdictions
For traditional investors, this product serves as the cryptocurrency market’s equivalent to the S&P 500. Offering exposure to as many as 50 top crypto assets, the Exchange Traded Product (ETP) undergoes quarterly rebalancing and is accompanied by an Index Guide.
Market Context: Europe’s Crypto ETP Boom
The launch comes amid:
- $340M AUM for Virtune’s existing crypto ETPs
- 140,000+ investors using Virtune products
- 57% growth in European crypto ETP volumes YTD
Unlike US spot Bitcoin ETFs, the VCOIN50 offers:
- Multi-asset diversification
- Staking rewards (for proof-of-stake tokens)
- EUR-denominated trading
A Template for Crypto’s Institutional Future?
Virtune’s ETP demonstrates how regulated products can bridge traditional finance and crypto. As the COIN50E expands to 50 assets, it may become the definitive benchmark for institutional crypto allocation.
Will multi-asset crypto ETPs overtake single-token products in Europe? With Coinbase’s infrastructure and Xetra’s liquidity, VCOIN50 could set a new standard.
For more on Europe’s crypto-related news, read: Blockchain Group Secures €12.1M From Adam Back to Boost Bitcoin Treasury Strategy
