Swedish digital asset manager, Virtune, has introduced the Virtune Staked Cardano ETP (VIRADAE) on Nasdaq Helsinki, giving institutional and individual investors a new way to invest in ADA and earn staking rewards. The ETP offers physical support, cold storage security, and a 2% yearly staking reward. Virtune has also launched an Avalanche ETP alongside the Cardano offering. The introduction of the staked Cardano ETP aims to increase ADA's appeal to institutional investors and improve liquidity. However, ADA's price stability and recovery will depend on investor demand and general market sentiment.
Content Editor ( u.today )
- 2025-02-06
New Cardano (ADA) ETF Launched by Swedish Investment Firm
