Valour launches Litecoin and Curve DAO ETPs
The post Valour launches Litecoin and Curve DAO ETPs appeared on BitcoinEthereumNews.com.
Valour, a subsidiary of DeFi Technologies and issuer of exchange-traded funds, has announced the launch of two new ETPs for Litecoin and Curve DAO Token. Valour launched the Valour Curve DAO (CRV) and Valour Litecoin (LTC) exchange-traded funds on the Spotlight Stock Market in Sweden. Following the announcement, prices for both assets rose, with LTC surging more than 12% to outpace most top-100 altcoins by market cap. The rally comes even as the U.S. Securities and Exchange Commission recently delayed a decision on a proposed spot Litecoin ETF. Litecoin, often dubbed “digital silver” in relation to Bitcoin, rose above $92, while CRV climbed 5% to test resistance around $0.68. The launch expands Valour’s footprint in the Nordic region, offering investors access to a broader range of digital asset products beyond the standard Bitcoin and Ethereum ETPs. “By launching ETPs on Curve and Litecoin on the Spotlight Stock Market, we’re meeting that demand and expanding access to a broader range of digital assets. These additions reflect our commitment to leading in product innovation and staying responsive to investor needs,” Johanna Belitz, head of Nordics at Valour, said. Both ETPs carry a 1.9% management fee and are available via traditional brokerage accounts. They add to Valour’s existing suite of crypto products, which includes offerings linked to Cardano, BNB, Aptos, Avalanche, Sui, and Dogecoin, and other altcoins. Commenting on the LTC and Curve DAO ETPs, Valour head of products Elaine Buehler, noted: “When developing new ETPs, we look closely at assets that combine strong market fundamentals with real-world utility. Curve and Litecoin both meet those criteria — one driving innovation in decentralized finance, the other proving itself over a decade as a fast and efficient payment network.” In the future, Valour plans to add single-asset ETPs for Tron, Stellar, MANTRA and Move. The…
Filed under: News - @ May 8, 2025 12:15 am