Valour launches crypto basket ETP

Oct 14th, 2022 | By | Category: Alternatives / Multi-Asset

Valour has launched a new ETP in Europe providing diversified exposure to the largest and most liquid crypto assets.

Marco Infuso, Chief Sales Officer at Valour

Marco Infuso, Chief Sales Officer at Valour.

The Valour Digital Asset Basket 10 ETP (VDAB10) has been listed on Deutsche Boerse with an expense ratio of 1.90%.

The ETP is linked to the Vinter Valour Digital Asset Basket 10 Index which consists of the ten largest crypto assets based on average market capitalizations recorded over the previous two months.

Constituents are weighted by market capitalization subject to an individual cap of 30% per asset, a move that aims to limit the index’s exposure to the two largest crypto assets – Bitcoin and Ethereum.

Commenting on the launch, Marco Infuso, Chief Sales Officer at Valour, said: “We are excited to launch this new ETP which satisfies the appetite for both retail and institutional investors who are looking to further engage with the digital asset space. Vinter was the obvious index provider to partner with for the launch of our first-ever multi-digital asset ETP; they have plenty of expertise in this industry and have a great track record of delivering accurate data in a speedy manner.”

Jacob Lindberg, CEO of Vinter, added: “This new ETP presents the opportunity for investors to diversify their portfolios and further bridges the gap between traditional investment strategies and the crypto industry. Working closely with Valour, we hope that the creation of more familiar financial products such as this ETP will increase the awareness of crypto as an asset class.”

Tags: , , , , ,

Leave a Comment