Virtune AB Rolls Out BNB ETP, Listed on Nasdaq Stockholm

Virtune AB Rolls Out BNB ETP, Listed on Nasdaq Stockholm
Table of Contents

TL;DR

  • Virtune Launch: Virtune has introduced its BNB ETP on Nasdaq Stockholm, offering 1:1 exposure to Binance Coin with Coinbase as custodian. The BNB ETP expands Virtune’s regulated lineup.
  • Institutional Push: Grayscale and VanEck have filed for BNB ETFs in the US, while hedge funds are raising $100M to build a BNB treasury.
  • Market Forecast: Despite recent declines of 6% weekly and 10% over six months, BNB trades at $872 with a $119B market cap.

Virtune, the Swedish regulated crypto asset manager, has expanded its portfolio with the launch of Virtune BNB ETP on Nasdaq Stockholm, the largest stock exchange in the Nordic region. The product offers 1:1 exposure to BNB, carries a management fee of 1.95%, and is denominated in SEK. Coinbase will act as custodian for the new listing under the ticker VIRBNB. CEO Christopher Kock emphasized that the move reflects Virtune’s strategy to broaden its range of regulated, physically backed crypto ETPs, giving investors secure access to one of the market’s most established digital assets.

BNB ETP: Expanding Virtune’s Product Lineup

The BNB ETP joins Virtune’s roster of 20 other offerings, including Bitcoin, Staked Ethereum, XRP, Staked Solana, and the Stablecoin Index ETP. Each product is physically backed, ensuring transparency and investor confidence. Virtune’s lineup has shown mixed performance in early 2026. Bitcoin ETPs gained approximately 0.50% year-to-date, while XRP ETPs rose 1.67%. Conversely, Staked Ethereum ETPs declined by 1.78%. Defensive products fared better, with the Stablecoin Index ETP posting a notable 7.25% gain since January.

Share Split to Boost Liquidity

The launch coincides with Virtune’s announcement of a 10:1 share split for its Bitcoin Prime ETP, effective February 2, 2026. The split aims to improve trading liquidity and accessibility by reducing the NAV per share by a factor of ten. Investors will see no change in the total value of their holdings. For example, 100 shares will automatically convert into 1,000 shares, while the product name and ticker remain unchanged.

Institutional Momentum for BNB

Institutional Momentum for BNB

BNB’s institutional adoption has accelerated. Grayscale recently filed with the US SEC to list a BNB ETF under the ticker GBNB, following VanEck’s earlier filing. In Europe, FLOKI became the first BNB chain coin to secure an exchange-traded product, debuting on Sweden’s Spotlight Stock Market in October. Hedge fund executives are reportedly raising $100 million to build a BNB treasury, while BNC Network Company has purchased 38,888 BNB tokens, nearing 1% of the total supply.

Despite institutional enthusiasm, BNB’s price has struggled. The token fell by over 6% in the past week and is down 10% over six months. Currently trading at $872 with a market cap of $119B, analysts project moderate growth for 2026-2027. Forecasts suggest BNB could reach $1,050 to $1,200, representing a potential 20% to 35% increase from current levels.

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