Rebalancing of VDAB10 EUR and SEK
Providing investors with trusted, secure, and diversified exposure to the top 10 largest cryptocurrencies by market capitalisation, Valour’s Digital Asset Basket 10 (VDAB10) ETP welcomes Toncoin (TON) to the mix. Launched in 2019 by the encrypted messaging platform Telegram, Ton was later taken over by the TON foundation and changed name from "Telegram Open Network" to "The Open Network".
As of the latest rebalancing, Litecoin and Polygon are excluded from the basket, and Solana takes on a heavier weight. Valour’s VDAB10 ETP now contains: Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Dogecoin, Tron, Ton and Polkadot, offering investors a balanced and diverse coverage of the ever evolving digital asset space.
Over the previous month, Bitcoin and Solana have experienced strong upswings, which has contributed to a strong performance of the basket - on the flipside, the weaker performance of Ethereum and the rest of the underlying coins have dampened the performance slightly.
Performances:
Since product launch : VALOUR VDAB10 EUR +8,05%
Past month: VALOUR VDAB10 EUR +12,03%
Since product launch: VALOUR VDAB10 SEK +18,99%
Past month: VALOUR VDAB10 SEK +14,84%
New weights VDAB10:
BITCOIN 30.00%
ETHEREUM 30.00%
BINANCE BNB 11.71%
XRP 10.23%
SOLANA 4.32%
CARDANO 3.37%
DOGE 3.23%
TRX 2.81%
TON 2.51%
POLKADOT 1.83%
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