19.8 C
New York
Friday, July 4, 2025

Tag: EUR

European savings and retirement services group Athora to acquire Pension Insurance Corporation Group

Ownership of Pension Insurance Corporation Group ("PICG"), ultimate parent company of the specialist insurer of UK defined benefit pension schemes Pension Insurance Corporation ("PIC"),...

Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for June 2025 of its Virtune Crypto Top 10 Index ETP – the first crypto...

Stockholm, 3rd of July 2025 - Virtune today announces the completion of the monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

In addition to the Virtune Crypto Top 10 Index ETP, Virtune's product portfolio includes:

Virtune Bitcoin ETP
Virtune Stellar ETP
Virtune Staked Ethereum ETP
Virtune Staked Solana
Virtune Staked Polkadot ETP
Virtune XRP ETP
Virtune Avalanche ETP
Virtune Litecoin ETP
Virtune Chainlink ETP
Virtune Arbitrum ETP
Virtune Staked Polygon ETP
Virtune Staked Cardano ETP
Virtune Crypto Altcoin Index ETP
Virtune Prime Bitcoin ETP
Virtune Coinbase 50 Index ETP

Index allocation as of 30th of June (before rebalancing):

Bitcoin: 42.02%
Ethereum: 30.73%
XRP: 13.36%
Solana: 8.21%
Cardano: 2.06%
Chainlink: 0.91%
Avalanche: 0.79%
Stellar Lumen: 0.77%
Litecoin: 0.68%
Uniswap: 0.47%

Index allocation as of 30th of June (after rebalancing):

Bitcoin: 40.00 %
Ethereum: 32.33 %
XRP: 13.58 %
Solana: 8.11 %
Cardano: 2.25 %
Chainlink: 0.91 %
Stellar: 0.83 %
Avalanche: 0.80 %
Litecoin: 0.69 %
Uniswap: 0.50 %

In connection with this month's rebalancing, there is no change in the crypto assets included in the index. Virtune Crypto Top 10 Index ETP SEK outcome for June was -0.85%.

The rebalancing is carried out according to the index that the ETP tracks, the Virtune Vinter Crypto Top 10 Index. The purpose of the monthly rebalancing is to ensure that the ETP always reflects the current market conditions and to effectively absorb volatility in the crypto market.

In June, the crypto markets showed varied developments. Uniswap led the gains with a notable +17.8% increase, followed by XRP at +2.95% and Bitcoin at +2.40%. These three were the only assets in the Virtune Crypto Top 10 Index ETP to end the month in positive territory. Most other assets declined. Solana and Litecoin saw modest drops of -1.08% and -1.12%, while Ethereum fell slightly more at -1.62%. Chainlink posted a deeper loss of -4.25%. The weakest performers were Avalanche and Cardano, down -13.7% and -16.6% respectively.

The performance of the crypto assets included in Virtune Crypto Top 10 Index ETP in June:

Uniswap: +17.8%
XRP: +2.95%
Bitcoin: +2.40%
Solana: -1.08%
Litecoin: -1.12%
Ethereum: -1.62%
Chainlink: -4.25%
Avalanche: -13.7%
Cardano: -16.6%

Virtune's crypto index ETP is the first of its kind in the Nordic region. The ETP includes up to 10 leading crypto assets that are part of the Nasdaq Crypto Index, based on their total market capitalization, with a maximum weight of 40% per crypto asset to promote diversification. This allows investors to benefit from broad exposure to the crypto market without being heavily concentrated in any single crypto asset.

If you, as an (institutional) investor, are interested in meeting with Virtune to discuss the opportunities our ETPs offer for your asset management services or to learn more about Virtune and our ETPs, please do not hesitate to contact us at hello@virtune.com. You can also read more about Virtune and our ETPs at www.virtune.com and register your email address on our website to subscribe to our newsletters, which cover updates on Virtune's upcoming ETP launches and other news related to digital assets.

Press contact

Christopher Kock, CEO Virtune AB (Publ)
Christopher@virtune.com
+46 70 073 45 64

Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

Suominen has signed a credit facility agreement

Suominen Corporation’s press release on July 3, 2025 at 11:00 a.m. (EEST)

Inbetriebnahme einer der größten Energiespeicheranlagen Finnlands in Lappeenranta – Lieferung von Merus Power im Wert von 15 Mio. EUR abgeschlossen

TAMPERE, Finnland, July 03, 2025 (GLOBE NEWSWIRE) -- Die von Merus Power an Lappeenranta, Finnland, gelieferte Energiespeicheranlage wurde fertiggestellt und am 15. Mai 2025 in Betrieb genommen. Eigentümer des Energiespeichers ist ein Joint Venture zwischen dem Clean Energy Evergreen Fund von Ardian und dem lokalen Energieversorger Lappeenrannan Energia. Mit einer Leistung von rund 38 Megawatt und einer Energiemenge von 43 Megawattstunden ist er einer der größten Energiespeicher, die auf dem finnischen Strommarkt im Einsatz sind. Die Fertigstellung des Projekts ist für Merus Power von großer Bedeutung, da es sich um die größte von dem Unternehmen hergestellte Energiespeicheranlage handelt.

AS Ekspress Grupp refinances bonds

AS Ekspress Grupp and AS SEB Pank have signed a loan contract to refinance the outstanding EUR 5 million bonds from LHV pension funds on 10 July 2025.

One of Finland’s largest energy storage facilities commissioned in Lappeenranta – Merus Power’s EUR 15 million delivery completed

TAMPERE, Finland, July 03, 2025 (GLOBE NEWSWIRE) -- The energy storage facility delivered by Merus Power to Lappeenranta, Finland, has been completed and put into market use on 15 May 2025. The energy storage facility is owned by a joint venture between Ardian’s Clean Energy Evergreen Fund and the local energy provider Lappeenrannan Energia. It is one of the largest energy storage facilities in use on the Finnish electricity market with an output of approximately 38 megawatts and energy of 43 megawatt hours. The completion of the project is significant for Merus Power, as it is the largest energy storage facility manufactured by the company.

Invitation to the Volvo Group report on the second quarter 2025

GOTHENBURG, Sweden, July 3, 2025 /PRNewswire/ -- The Volvo Group report for the second quarter 2025 will be published on July 17, at 7.20...

Bond, debond, recycle – tesa opens new Debonding on Demand laboratory in Singapore

Reliable in use, removable when needed – Next-gen adhesive solutions that can be precisely and residue-free removedInnovation hub with impact – Accelerating customer-specific developments...

Regarding the Extension of the Deadline for Submission of Restructuring Plan and Revocation of the Extraordinary General Meeting of Shareholders of AUGA group, RAB...

At the initiative and by the decision of the Board of AUGA group, RAB (code 126264360, address Konstitucijos ave. 21C, Vilnius, the “Company”), it has been decided to revoke the extraordinary General Meeting of Shareholders convened on July 14, 2025, following the decision of the Vilnius Regional Court to extend the deadline for submitting the Company's restructuring plan for Court approval until August 19, 2025. This Court decision was based on unresolved issues regarding the contested creditor claims in the Company's restructuring case, which currently prevent the creditors from making decisions in accordance with the Law on Legal Entities' Insolvency (hereinafter referred to as the "Insolvency Law").

Dėl AUGA group, RAB restruktūrizavimo plano pateikimo termino pratęsimo ir visuotinio neeilinio akcininkų susirinkimo, sušaukto 2025 m. liepos 14 d., atšaukimo

AUGA group, RAB, kodas 126264360, adresas Konstitucijos pr. 21C, Vilnius (toliau –  Bendrovė) valdybos iniciatyva ir sprendimu buvo nuspręsta atšaukti 2025 m. liepos 14 d. sušauktą visuotinį neeilinį akcininkų susirinkimą, kadangi Vilniaus apygardos teismas neskundžiama nutartimi pratęsė Bendrovės restruktūrizavimo plano pateikimui teismui tvirtinti terminą iki 2025 m. rugpjūčio 19 d., remiantis tuo, kad dar nėra išspręsti klausimai dėl administratoriaus ginčijamų kreditorinių reikalavimų tvirtinimo Bendrovės restruktūrizavimo byloje ir dėl susidariusios situacijos Bendrovės kreditoriai šiuo metu negali priimti sprendimų Bendrovės restruktūrizavimo byloje Juridinių asmenų nemokumo įstatyme (toliau – Nemokumo įstatymas) numatyta tvarka.

Verkkokauppa.com to publish January-June 2025 Half-year Report on 17 July 2025

Verkkokauppa.com Oyj         INVESTOR NEWS         2 July 2025 at 14:00 a.m. EEST

New ECCIA-Bain report: Europe’s high-end sector sounds alarm on tariffs, skills and competitiveness

New Report on Europe's High-End Sector Shows €986 Billion Economic Engine Powerhouse Driving Jobs, Tourism & Craftsmanship Projected global high-end & luxury market growth expected...

New ECCIA-Bain report: Europe’s high-end sector sounds alarm on tariffs, skills and competitiveness

New Report on Europe's High-End Sector Shows €986 Billion Economic Engine Powerhouse Driving Jobs, Tourism & Craftsmanship Projected global high-end & luxury market growth expected...

- A word from our sponsors -

spot_img

Newsletter Signup

Name(Required)
Email(Required)
Privacy(Required)
This field is for validation purposes and should be left unchanged.
HomeTagsEUR