Swedish digital asset manager Virtune has launched what it claims is Europe's most cost-efficient Sui exchange-traded product (ETP) on Euronext Paris, marking another step in the company's expansion across European markets. The Virtune Sui ETP, with the ticker VRTU, provides investors with exposure to the Sui cryptocurrency through a regulated, physically backed investment vehicle. This launch comes as Virtune continues to build its position as one of the leading issuers of regulated crypto ETPs in Europe.

The new ETP features an industry-leading 0.95% annual management fee, making it the most cost-efficient Sui ETP available to European investors. Virtune plans to further expand the product's distribution by listing it on local German exchanges, including gettex and Tradegate, to improve accessibility for German investors. The company has established itself as a trusted provider in the digital asset space, serving over 150,000 investors since its launch just over two years ago.

Security and regulatory compliance remain central to Virtune's approach, with Coinbase serving as the crypto custodian for all of the company's ETPs. The underlying crypto assets are held in cold storage, providing institutional-grade security for investors. This infrastructure supports Virtune's commitment to offering European investors secure, transparent, and regulated access to digital asset markets through traditional investment channels.

Christopher Kock, CEO of Virtune, emphasized the company's mission to make innovative digital assets more accessible to investors. "We are excited to launch the most cost-efficient Sui ETP in Europe, reinforcing our mission to make innovative digital assets more accessible to investors," Kock stated. The launch strengthens Virtune's position as it manages more than $475 million in assets across its product offerings, continuing its growth trajectory in the European digital asset management landscape.

Swedish prosecutors have charged four men aged 20 to 24 with robbery and assault in connection with three separate incidents that occurred in central Stockholm on August 27. The charges include allegations of unprovoked violent attacks with a hate crime motivation, according to court documents released by the Swedish Prosecution Authority.

The defendants are accused of robbing one individual and threatening that person's friend in Stockholm's city center, followed by what prosecutors describe as a severe assault against another person later the same night. Three of the men face additional charges for an assault that took place on the Stockholm metro system during the same evening. All victims in the three separate incidents were reported to have foreign backgrounds, though they had no connection to each other.

Prosecutor Gustav Andersson, who led the preliminary investigation, stated that surveillance footage and photographs show some of the defendants making Nazi salutes in connection with the alleged crimes. During house searches, authorities reportedly discovered materials and symbols indicating connections to right-wing extremism. The indictment specifically references the neo-Nazi and violence-promoting Aktivklubb movement as evidence of the motive behind the alleged offenses.

The Aktivklubb movement represents part of a larger international right-wing extremist network that outwardly focuses on strength training and martial arts. In Sweden, the movement gained traction in 2023 through the Aktivklubb Sverige network, which serves as an umbrella organization for local clubs. According to the Expo Foundation's 2024 annual report, five groups from Skåne to Hälsingland are part of Aktivklubb Sverige, with the number of registered activities increasing significantly last year.