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GPW adds ETNs to its offering

2026-02-27 09:06:48

 

A new type of instrument, ETN, has been newly listed on the Warsaw Stock Exchange. The first products in Poland based on physically backed digital assets, issued by the Swedish company Virtune AB (Publ), have been introduced to trading. These instruments give investors exposure to selected cryptocurrencies on the regulated market and are listed in Polish zlotys.

  • Virtune Bitcoin Prime ETN (ETNVIRBTCP) – instrument giving exposure to Bitcoin with a management fee of 0.25% per annum;
  • Virtune Staked Ethereum ETN (ETNVIRETH) – product tracking Ethereum prices with staking rewards included in the daily valuation;
  • Virtune XRP ETN (ETNVIRXRP) – instrument giving exposure to XRP assets;
  • Virtune Staked Solana ETN (ETNVIRSOL) – product giving exposure to Solana, including an additional return of 3% per annum from staking.

The offer includes four ETNs (Exchange Traded Notes) tracking the prices of Bitcoin, Ethereum, XRP and Solana, including two ETNs with staking. The ETNs are physically backed with the digital assets stored in Coinbase separated offline custody infrastructure. The transparency of the collateral is confirmed with Chainlink Proof of Reserves, and trading liquidity on GPW is supported by Raiffeisen Bank International AG as market maker.

“The new listing of Virtune AB products is one more step in the development of our ETF, ETC and ETN offering. This segment is growing rapidly thanks to strong investor interest. Our responsibility as GPW is to respond to market expectations. Providing access to crypto assets through regulated and supervised exchange‑traded instruments creates genuine value for investors,” said Michał Kobza, Member of the Management Board of the Warsaw Stock Exchange.

The new listing of Virtune ETNs expands the domestic investment infrastructure with a new product category, integrating digital assets with the supervised structure of the regulated market. The introduction of spot crypto ETNs follows with the trend of diversifying available investment tools and the evolution of the domestic capital market towards products based on new technologies and uniform transparency standards.

The new ETNs are offered through Polish and international brokerage platforms, giving investors exposure to the cryptocurrency market in the same transparent and structured way as with equities or ETFs.

“Entering the Polish market has been a strategic priority for Virtune for over two years. Today’s introduction of our products to trading is a historic moment and an important step in the further development of the Polish capital market. For the first time, spot crypto ETPs are available on the Warsaw Stock Exchange. We see this as part of broader change sweeping the Polish financial market. With the growth of retail investor participation and rising interest in exchange-traded products, we believe that innovative and transparent investment solutions can play an important role in deepening the markets. Our goal is to support the long-term development of the Polish capital market – not only by providing exposure to digital assets, but also by supporting broader participation, education, and product innovation. We are here with a long-term perspective in mind,” said Christopher Kock, CEO of Virtune.

Virtune is a regulated Swedish digital asset manager and issuer of crypto ETPs listed on regulated exchanges in Europe. Since the launch of its first product in 2023, Virtune has grown rapidly, managing a portfolio of approximately USD 300 million and offering 22 instruments available on Nasdaq Stockholm, Nasdaq Helsinki, Euronext Amsterdam, Euronext Paris and on the Xetra platform in Frankfurt. Virtune relies in its operations on regulatory compliance, cooperation with recognised industry partners and the expertise of its specialised team, offering investors access to modern and advanced investment products tailored to the rapidly growing digital asset market in Europe.