Europe’s First Stablecoin Infrastructure ETP Debuts
The cryptocurrency landscape in Europe is evolving, and Virtune AB is at the forefront. On November 5, Virtune launched its groundbreaking Virtune Stablecoin Index ETP across key exchanges, including Nasdaq Stockholm, Nasdaq Helsinki, and Deutsche Börse Xetra. This is a monumental step for regulated digital asset investing in the region.
What Is the Virtune Stablecoin Index ETP?
Trading under the Bloomberg ticker STABLE, this exchange-traded product (ETP) is designed for both institutional and retail investors. Unlike typical crypto funds that hold stablecoins like USDC or Tether, this product provides exposure to the underlying blockchain networks that power the stablecoin ecosystem.
The ETP is 100% physically backed by digital assets—safely stored with Coinbase Custody—and rebalanced quarterly to reflect market and ecosystem changes. This innovative approach not only offers diversification but also minimizes the risks associated with directly holding stablecoins.
Why Is It Important?
The stablecoin sector has witnessed tremendous growth, with its total market value reaching $314.5 billion, according to CoinMarketCap. Euro-backed stablecoins are also on the rise, with a market capitalization of $609.37 million, supported by leading platforms such as Circle’s EURC and Societe Generale’s EUR CoinVertible.
MiCA-compliant innovations like the Virtune Stablecoin Index ETP align perfectly with Europe’s growing adoption of tokenized money and blockchain-powered settlements. Its introduction marks a shift from speculative crypto investments to infrastructure-focused products, targeting the utility and security of blockchain technology.
An Accessible Investment Option
The STABLE ETP can be traded through major brokers including Avanza, Nordnet, SAVR, and Scalable Capital, making it accessible to a wider audience of investors. Notably, the ETP carries an annual management fee of 1.95% and supports transactions in SEK and EUR currencies.
How It Works
The product uses a calculated index weighted by the square root of market capitalization, designed to prevent larger assets from dominating the portfolio. This ensures balanced exposure across a diverse spectrum of blockchain networks supporting stablecoin adoption.
The Broader Implications for Europe
This launch arrives at a time of intense innovation in the financial sector. Increasingly, financial institutions are exploring blockchain-based payment systems, as evidenced by the announcement of a MiCA-compliant euro stablecoin by nine European banks in September 2025. Virtune’s entry into the market provides a unique regulated avenue for individuals and institutions to engage in the stablecoin ecosystem without needing complex crypto wallet management.
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Conclusion
Virtune’s Stablecoin Index ETP signifies a big leap forward for Europe’s digital asset space. By tapping into the robust blockchain infrastructure underpinning stablecoins, this innovative product offers a secure, regulated, and diversified investment option. As the adoption of tokenized money increases, products like the STABLE ETP will play an essential role in connecting traditional finance with the blockchain-powered future.