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Thursday, July 3, 2025

Tag: regulatory compliance

$7.80 Billion by 2030: Why Single-Use Surgical Instruments Are Reshaping Global Surgery | MarketsandMarkets™

DELRAY BEACH, Fla., July 3, 2025 /PRNewswire/ -- What's fueling the shift from sterilization to scalability? The global single-use surgical instruments market, valued at US$5.60 billion...

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.

Skycorp Solar Group Announces Board Authorization for Solar Photovoltaic Power Plant Acquisitions and Development

Ningbo, China, July 03, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced that its Board of Directors has unanimously passed a resolution authorizing the Company to pursue solar photovoltaic (“PV”) power plant acquisitions and development projects under a $150 million investment framework. This decision marks a pivotal step in the Company’s strategic expansion into renewable energy infrastructure, reinforcing its commitment to driving the global transition to clean energy.

Vistra appoints Kim Jenkins as Group Chief Executive Officer

SINGAPORE, July 3, 2025 /PRNewswire/ -- Vistra, a leading provider of essential business solutions that help organisations to invest and grow efficiently and compliantly...

Upcycled Materials in Packaging Market Ramps Up in 2025 with ESG Goals and Regulatory Support

According to Towards Packaging consultants, the global upcycled materials in packaging market is expected to witness significant growth during the forecast period from 2025 to 2034. Driven by evolving industry trends, increasing demand, and technological advancements, the market is projected to expand at a steady pace, highlighting its rising importance across various sectors worldwide.
According to Towards Packaging consultants, the global upcycled materials in packaging market is expected to witness significant growth during the forecast period from 2025 to 2034. Driven by evolving industry trends, increasing demand, and technological advancements, the market is projected to expand at a steady pace, highlighting its rising importance across various sectors worldwide.

Nixol Weight Loss Capsules UK & IE Officially Launched- Exploring the Science Behind its Weight Loss Tablets Promises

New York City, NY, July 03, 2025 (GLOBE NEWSWIRE) -- In 2025, Nixol, a plant-based dietary supplement, made its debut in the United Kingdom and Ireland, marking a significant entry into the wellness supplement market. Designed to support healthy weight management, boost metabolism, and curb cravings, Nixol has positioned itself as a natural, vegan-friendly alternative to traditional weight loss solutions. Unlike products that rely on synthetic stimulants or restrictive diets, Nixol leverages a blend of carefully selected, science-backed ingredients to promote sustainable fat reduction and overall well-being. This article provides an in-depth exploration of Nixol’s launch, its formulation, claims, scientific backing, customer feedback, and the broader context of its market entry, while critically examining its potential effectiveness and limitations. Visit Official Website 

Novotech Earns Frost & Sullivan’s 2025 Global Company of the Year Recognition for Excellence in Biotech Clinical Research Services

Recognized for its biotech-first focus, innovation in clinical trial delivery, and best-in-class client experience, Novotech sets the global standard in contract research for biotechs...

Novotech Earns Frost & Sullivan’s 2025 Global Company of the Year Recognition for Excellence in Biotech Clinical Research Services

Recognized for its biotech-first focus, innovation in clinical trial delivery, and best-in-class client experience, Novotech sets the global standard in contract research for biotechs...

Tencent Cloud to Uplift South Korea’s Web-based Enterprises with AI and Media Technologies

Tencent Cloud to extend its capabilities and expertise leveraging on its core ecosystem strengths in South Korea's gaming sector HONG KONG, July 3, 2025 /PRNewswire/...

Identiv Partners with Narravero to Accelerate Digital Product Passport Adoption and Compliance

Companies to Commercialize Integrated Solution for DPP Deployments Ahead of Forthcoming European Union Regulations SANTA ANA, Calif., July 2, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ:...

Senate Endorses State AI Regulations—Impact Analysis on Tech Sector Algorithms

The recent Senate decision to reject an amendment that sought to impose a decade-long moratorium on state-level AI regulation underscores a pivotal moment for...

OKX Launches in France, With ‘Mild Mild West’ Screening in Cannes

PARIS, July 2, 2025 /PRNewswire/ -- OKX, a leading crypto exchange and global onchain technology company, has officially launched its fully regulated centralized crypto...

Eos Energy Announces Second Funding Under Its Department of Energy Loan Guarantee to Fuel U.S. Battery Manufacturing Capacity Expansion

$22.7 million second loan advance follows the first $68.3 million received in December 2024
$22.7 million second loan advance follows the first $68.3 million received in December 2024

Dogecoin Cash Inc. (OTCQB: DOGP) Forms Dogecoin Treasury, Inc. to Support Development of Dogecoin-Related Tools and Infrastructure

Support Development of Dogecoin-Related Tools and Infrastructure
Support Development of Dogecoin-Related Tools and Infrastructure

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