The Swedish company Virtune has launched an ETP supported by Cardano (ADA), offering a 2 percent annual staking reward and secure storage via Coinbase. This strengthens ADA’s position in the crypto market 📈

The Swedish investment company Virtune has launched an exchange-traded product (ETP) supported by Cardano (ADA), which gives investors the opportunity to earn staking rewards (2 percent per year) and ensures secure storage through Coinbase. This move strengthens the position of ADA as an important asset in the market, alongside cryptocurrencies like Bitcoin, Ethereum, Solana, and XRP, for which similar products already exist. This could attract new institutional investors and increase liquidity. Despite the current bearish trend in the market, with ADA dropping to $0.75, the launch of the ETP could play a key role in the long-term recovery of Cardano.