Europe gets its first stablecoin infrastructure ETP as Virtune lists on Nasdaq and Xetra
The STABLE ETP is physically backed and rebalanced quarterly via Coinbase Custody. Investors gain exposure to Ethereum, XRP, Solana, Chainlink, Stellar, and Aave. Launch aligns with Europe’s MiCA regulation and Nasdaq’s digital asset strategy. A Swedish crypto asset manager has launched Europe’s first exchange-traded product (ETP) dedicated to the infrastructure supporting stablecoins, marking a turning…
The STABLE ETP is physically backed and rebalanced quarterly via Coinbase Custody.
Investors gain exposure to Ethereum, XRP, Solana, Chainlink, Stellar, and Aave.
Launch aligns with Europe’s MiCA regulation and Nasdaq’s digital asset strategy.
A Swedish crypto asset manager has launched Europe’s first exchange-traded product (ETP) dedicated to the infrastructure supporting stablecoins, marking a turning point for regulated digital asset investing in the region.
The first stablecoin infrastructure ETP in Europe
Trading under the Bloomberg ticker STABLE, the product is designed to capture value from the blockchains and crypto assets that underpin the growing stablecoin ecosystem.
On Nasdaq Stockholm and Helsinki, it trades as STABLE and STABLEE, respectively, while the Xetra listing uses the symbol VRTN.
The ETP is available to both institutional and retail investors through major brokers and banks, including Avanza, Nordnet, SAVR, Scalable Capital, Smartbroker, and Finanzen Zero.
Virtune describes the product as “the first of its kind” in Europe.
Unlike conventional crypto funds that hold stablecoins such as USDC or Tether, the STABLE ETP provides exposure to the blockchains where stablecoins operate.
It is 100% physically backed by digital assets stored securely with Coinbase Custody and is rebalanced quarterly to reflect market shifts.
The ETP carries a 1.95% annual management fee and supports trading in SEK and EUR.
Capturing the growth of the $314.5 billion stablecoin market
The stablecoin sector has grown rapidly over the past year, with financial institutions adopting tokenised money to facilitate round-the-clock settlements and faster cross-border transfers.
Euro-backed stablecoins, while still small in comparison, have reached a market capitalisation of $609.37 million, as per CoinGecko, led by Circle’s EURC, Stasis Euro, and Societe Generale’s EUR CoinVertible.
This expansion has encouraged European banks to experiment with their own digital currencies.
In September, nine banks, including UniCredit, Banca Sella, DekaBank, and ING, announced plans to launch a MiCA-compliant euro-backed stablecoin.
Virtune’s STABLE ETP arrives amid this momentum, offering investors a regulated avenue to participate in the wider stablecoin ecosystem.
A bridge between traditional finance and digital assets
By focusing on blockchain infrastructure rather than the stablecoins themselves, Virtune’s ETP aims to diversify risk while capturing growth potential from multiple networks.
The index is weighted using the square root of market capitalisation, a method designed to prevent dominance by larger assets and to maintain balanced exposure across the ecosystem.
For investors, the STABLE ETP represents a gateway into crypto infrastructure via a regulated vehicle.
It eliminates the need to manage private keys or digital wallets while still providing participation in the networks driving stablecoin use in payments, banking, and commerce.
The ETP also aligns with Nasdaq’s broader strategy to expand its range of digital asset products within a transparent regulatory framework.
Helena Wedin, Head of ETF and ETP Services for European Markets at Nasdaq, said the exchange’s goal is to encourage innovation in a secure marketplace.
The listing of Virtune’s product, she noted, highlights the growing maturity of the ETP sector and its importance in linking traditional investors to blockchain-based opportunities.
What Virtune’s launch signals for Europe
The introduction of STABLE marks a significant milestone for European digital asset markets, which are now operating under the new MiCA regulation.
It underscores a shift from speculative crypto products toward infrastructure-focused investments that mirror the real-world utility of blockchain technology.
By packaging stablecoin infrastructure into a regulated exchange-traded product, Virtune has provided a blueprint for how digital assets can coexist with mainstream financial systems.
As more financial institutions explore tokenised money and on-chain settlements, products such as the Virtune Stablecoin Index ETP could serve as benchmarks for future innovation.
In a market driven by efficiency, transparency, and accessibility, Virtune’s launch demonstrates how Europe’s financial ecosystem is evolving to embrace the technology powering the next generation of digital finance.
Cboe introduces regulated futures for long-term crypto exposure.
Cboe Global Markets announced the introduction of Bitcoin and Ether Continuous Futures, set to begin trading on December 15, 2025. The new products aim to provide long-term exposure to Bitcoin and Ether with the added benefit of perpetual-style trading. These futures will eliminate the need for rolling positions, offering a more streamlined way to gain exposure to these digital assets.
Bitcoin Continuous Futures (PBT): A New Way to Trade Bitcoin
Cboe’s Bitcoin Continuous Futures (PBT) will enable market participants to gain exposure to Bitcoin without the operational friction of rolling over futures contracts. The contracts will have a 10-year expiration at listing, offering a unique opportunity for long-term positioning. PBT will feature a daily cash adjustment, which will align the futures price with Bitcoin’s spot price.
This new offering follows the growing demand for Bitcoin-related financial products in regulated markets. With Cboe’s PBT futures, traders will benefit from enhanced capital efficiency and volatility management. The contract structure allows for both long and short positions, providing flexibility for a range of strategies.
The PBT futures will be cash-settled and cleared through Cboe Clear U.S., ensuring transparency and reducing counterparty risk. The daily cash adjustment, or Funding Amount, will promote price alignment between the futures contracts and Bitcoin. Cboe aims to enhance liquidity and efficiency in the market with these Continuous Futures, fulfilling a need for more controlled Bitcoin exposure.
Ether Continuous Futures (PET): A New Approach to Ether Exposure
Cboe’s Ether Continuous Futures (PET) will offer a similar structure to the Bitcoin futures, providing traders with long-term exposure to Ether. These futures will also carry a 10-year expiration and daily cash adjustments. The PET futures are designed to allow participants to enter short positions, manage volatility, and gain exposure to Ether in a regulated environment.
The launch of PET aims to meet the growing institutional demand for cryptocurrency-related products. With its daily cash adjustments, the PET futures will track the spot price of Ether, ensuring alignment between the futures and the underlying asset. As with the Bitcoin futures, the PET contracts will be cash-settled and centrally cleared, further reducing risk for market participants.
Cboe’s new Ether futures provide an efficient way for traders to engage with Ether in a regulated marketplace. These products come with the added benefit of cross-margining offsets, enabling a more efficient use of capital across other Cboe futures products. Cboe is committed to expanding its offerings to meet evolving market needs and provide a platform for effective risk management.
Best Crypto to Buy Now: BEST Token Presale Nears $18M With Just 10 Days to Go
This week already looks uncomfortable for crypto traders, as the market’s total value has remained more or less flat around $3.3 trillion since last Friday. Last week saw total Bitcoin net ETF outflows hit $1.1 billion – with $492 million exiting on November 14 alone. Bitcoin decisively broke below $100,000 on the same day, leading it to hover near $94,000 while threatening to drop even lower.
Ethereum is in a similar position, having broken down toward the psychological $3,000 level, while other major assets like Solana, XRP, and BNB have seen weekly drops between 6% and 16%. This correction has followed an extended sell-off that began on October 7, and has been amplified by hawkish Federal Reserve interest rate comments, the longest U.S. government shutdown in history, and bearish price predictions from a wide range of respected experts.
In the crypto wallet sector, leading tokens like Trust Wallet Token (down 11% week-on-week) are faring slightly better. The niche shows promise through advancements in user experience and AI integration, which continue to attract developers and users even during the ongoing downturn. Presales also stand out as resilient options, due to their high upside potential post-launch, allowing investors to position for rebounds without immediate volatility exposure.
Combining the above advantages into one project, Best Wallet Token (BEST) has already demonstrated strong traction with the $18 million fundraising milestone on the horizon. As the native token of Best Wallet – a Web3 wallet focused on seamless multi-chain functionality – the project holds substantial growth prospects as crypto enthusiasts dig in for the long haul.
Crypto Market Pullback Continues – Could a Recovery Bounce Happen This Week?
Recent market movements reveal a phase of consolidation after earlier gains, with Bitcoin slipping below $95,000 and reversing most of its 2025 advances amid bearish sentiment. Institutional demand has softened, marked by record ETF outflows ($1.1 billion last week), while miners and long-term holders reduce positions at a moderate pace.
Altcoins have followed suit, pressured by macroeconomic factors like shifting Federal Reserve policies. Nonetheless, underlying metrics suggest resilience, with dormant supply trends and valuation scores pointing to undervaluation in key areas. In the Web3 wallet space, emphasis on enhanced security and interoperability drives innovation – even as token prices drop in lockstep with the broader dip. Non-custodial wallets are gaining favor as they offer greater control to their users, and integrations with decentralized finance bolster utility.
As the crypto investor Lark Davis recently pointed out on X, inflation data hints at more bullish macro conditions ahead, paving the way for likely rate cuts that could spark a relief rally. This perspective aligns with expectations of renewed momentum in Q4, especially as global liquidity injections from regions like China support risk assets.
Inflation came in cooler than expected.
September CPI landed at 3%, below the 3.1% forecast, although higher than August’s 2.9% read.
And that’s all markets needed to turn optimistic.
In this environment, “less bad” still means bullish.
Overall, these factors are creating an environment where forward-looking investments can thrive – particularly when it comes to utility-driven initiatives. This is a significant reason why Best Wallet Token (BEST), which capitalizes on these trends through its integrated ecosystem, is exploding in popularity with only 10 days left before its presale campaign ends.
How Best Wallet Token’s Real World Utility Could Set Up Massive Gains
Best Wallet Token (BEST) is the native token behind Best Wallet – a non-custodial, multi-chain crypto wallet that supports thousands of assets across networks like Bitcoin, Ethereum, Solana, BNB Chain, Polygon, and Base.
The platform emphasizes user-friendly features through its mobile app, including low-fee purchases via fiat onramps, cross-chain swaps through over 330 decentralized exchanges and 30 bridges, and portfolio management for multiple wallets. Fireblocks’ MPC technology offers a powerful foundation for Best Wallet’s security measures, which include fraud detection, biometrics, and two-factor authentication.
The platform also plans to introduce a debit card offering up to 8% cashback, NFT galleries, and derivatives trading – while existing features already include a token launchpad, and integrated staking and iGaming dApps. The BEST token will serve as the ecosystem’s utility asset, enabling reduced transaction fees, governance participation, boosted staking rewards, and priority features.
In a recent YouTube video, the influencer Cilinix Crypto highlighted Best Wallet Token as the best crypto to buy right now, forecasting significant gains due to its real-world utility and timely launch amid growing wallet demand.
The Best Wallet Team has already made its ambitions clear, targeting a 40% share of the crypto wallet market in 2026 – and the platform’s complete feature range could well attract enough users for that goal to be achieved. Best Wallet Token’s tokenomics include allocations for development, marketing, airdrops, staking rewards, liquidity, and community incentives, indicating focus on long-term sustainability.
$18M Best Wallet Token Presale Shows Huge Potential
The Best Wallet Token (BEST) presale has raised over $17 million so far, approaching the $18 million mark with just 10 days remaining until its scheduled end on November 28. Tokens have been available at escalating prices (currently $0.025955), providing early participants with favorable entry levels. Staking offers dynamic annual percentage yields (up to 76% APY) that reward early birds and long-term holders, with higher rates for those committing during the presale phase.
This structure means that buyers stand to benefit from pre-defined price increases and passive income, even though the market is undergoing a correction. As wallet adoption grows through enhanced interfaces and multi-chain capabilities, expert analysts like Cilinix Crypto anticipate significant value appreciation for BEST – especially as its presale is designed to reduce barriers to entry and enhance user benefits.
Combined with broader market recovery signals, such as potential rate cuts and liquidity boosts, Best Wallet Token aligns with multiple narratives that signal potentially rebounding asset prices. Therefore, BEST could be the best crypto to buy in Q4 due to its bullish potential, practical utilities, and strategic launch timing.
Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies, Michelle ensures every story delivers clarity, accuracy, and insight to our readers.
Solana price forecast: SOL eyes $170 after sweeping the August 4 low
Key takeaways Solana’s SOL is down 1% in the last 24 hours and is approaching $160 after dropping to $146 on Tuesday. The cryptocurrency could reclaim the $170 high if the recovery continues. SOL recovers from the Tuesday dump SOL, the native coin of the Solana ecosystem, is trading close to the $160 mark after…
Key takeaways
Solana’s SOL is down 1% in the last 24 hours and is approaching $160 after dropping to $146 on Tuesday.
The cryptocurrency could reclaim the $170 high if the recovery continues.
SOL recovers from the Tuesday dump
SOL, the native coin of the Solana ecosystem, is trading close to the $160 mark after recording massive losses on Tuesday. The coin dipped to the $146 mark on Tuesday, sweeping the low of August 4th before embarking on a recovery.
It has now added nearly 5% to its value over the last few hours and is now trading at $159 per coin. The positive performance comes as the broader cryptocurrency market recovers from the dump.
Bitcoin briefly dipped below $100k on Tuesday but has now recovered and is trading above $102k per coin. Ether is also trading above $3,300 after testing the $3k psychological level.
SOL could rally to $170 amid market recovery
The SOL/USD 4-hour chart is bearish and efficient as the cryptocurrency has underperformed in recent days. The technical indicators remain bearish but are showing signs of recovery.
The 4-hour RSI of 32 means that SOL is currently in the oversold region. This could give it a breather and allow the coin to rally higher in the near term. The MACD lines are also within the bearish region, suggesting selling pressure.
If SOL continues its recovery, it could rally towards the first major resistance level at $170 over the next few hours. An extended bullish run would allow the cryptocurrency to target the swing high at $188.
However, if the bulls fail to defend SOL’s price above the $150 psychological level, the cryptocurrency could dip towards the June 27 low of $136. Currently, the trend is switching bullish, and buyers could regain control of the market. If the daily levels hold, SOL could rally higher over the coming hours and days.