Tag: index

DUBAI, United Arab Emirates, July 06, 2025 (GLOBE NEWSWIRE) -- Shavez Ahmed Siddiqui, the visionary fintech entrepreneur and Founder & CEO of LQUIDPAY Deobank, is making waves across the global fintech and Web3 ecosystems. With two major accolades in 2025 — one from Entrepreneur Middle East in Dubai and another from Times of India Group in Lucknow — Siddiqui’s impact is now being recognized on both the international and domestic stage.

TORONTO, Canada, July 04, 2025 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2025 was $70.37 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.3% and 14.3%, respectively. These compare with the 10.2% and 26.4% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

LEI: 213800NNT42FFIZB1T09 
4 July 2025

Las Vegas, NV, July 03, 2025 (GLOBE NEWSWIRE) -- Area 52, a vanguard in cannabinoid science and botanical engineering, today announced the debut of its 2025 THCA Snow Caps collection, a groundbreaking line of premium hemp flower completely enveloped in pure THCA diamonds. Engineered to “Alienize Your Mind,” these crystalline-coated buds represent a new frontier in potency and sensory experience for the discerning cannabis connoisseur.

DALLAS, July 03, 2025 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that it expects to issue financial results for the second quarter of 2025 before market on Thursday, July 17, 2025. Executive management will host a conference call and webcast to discuss second quarter 2025 operating results on Thursday, July 17, 2025, at 9:00 a.m. EDT.

In this 2025 forecast update, Wealth Megatrends, in collaboration with Weiss Ratings, offers unique insights into gold's continued upward trajectory. The release outlines Sean Brodrick's updated projection of $6,900 gold, framed within rising central bank demand, ongoing monetary volatility, and long-term shifts in asset preservation behavior. This analysis offers a distinct perspective on how this cycle compares to prior periods of financial instability and why mining equities are again drawing interest as part of a broader conversation on gold's role in today's evolving macroeconomic environment.

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.

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