Virtune lists Crypto Altcoin Index ETP on Warsaw Stock Exchange, its sixth Polish listing
Swedish crypto asset manager Virtune has listed its Crypto Altcoin Index ETP on the Warsaw Stock Exchange (GPW), giving Polish investors a regulated way to buy a basket of altcoins without touching a crypto exchange. The product started trading on June 17, 2026, under the exchange ticker ETNVIRALT.
This is Virtune’s sixth ETP listing on the GPW since the firm entered the Polish market in February 2026.
What’s actually in the basket
The Virtune Crypto Altcoin Index ETP holds an equal-weighted basket of up to 10 altcoins, deliberately excluding both Bitcoin and Ethereum.
As of June 15, 2026, the allocations break down like this: Hyperliquid at 11.39%, Stellar at 11.05%, Toncoin at 10.98%, BNB at 10.54%, XRP at 10.13%, Chainlink at 10.13%, Solana at 9.66%, Litecoin at 9.46%, Cardano at 8.58%, and Bitcoin Cash at 8.08%.
The portfolio rebalances monthly, snapping allocations back to equal weight regardless of how individual tokens have performed.
The structure and the fees
The ETP is 100% physically backed, meaning Virtune actually holds the underlying crypto assets rather than using synthetic derivatives to replicate performance. Custody is handled by Coinbase.
The annual management fee sits at 2.50%.
Polish investors can access the product through brokers including XTB, Alior Bank, and BOS.
The product carries the ISIN SE0023260716 and Bloomberg ticker VIRALT.
Virtune’s broader play
Virtune currently manages a portfolio of 23 ETPs with approximately $265M in assets under management, serving over 160,000 investors.
CEO Christopher Kock has positioned the expansion as a response to growing investor appetite for diversified, transparent, and regulated crypto options.
What this means for investors
The 2.50% annual fee deserves scrutiny. Over a multi-year holding period, that fee compounds meaningfully. An investor holding $10,000 in the ETP would pay roughly $250 per year in management fees before any performance is realized.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners
Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.

If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.
The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends
Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.

Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%
For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.

