Swedish crypto asset manager Virtune has launched its 'STABLE' cryptocurrency index ETP on Nasdaq Stockholm, Nasdaq Helsinki, and Deutsche Börse Xetra. This marks Europe's first exchange-traded product focused on the stablecoin ecosystem, providing diversified exposure to stablecoin infrastructure and blockchain technology. The ETP is fully backed by crypto assets stored in Coinbase cold wallets, with a 1.95% annual management fee and quarterly rebalancing. As of November 4, the index's allocation includes Ethereum (42.90%), XRP (23.50%), Solana (18.43%), Chainlink (6.06%), Stellar Lumen (5.75%), and Aave (3.36%). This launch represents a significant step in offering investors access to stablecoin-related assets through a regulated and diversified investment vehicle.