Valour Launches 13 New Crypto ETPs on Sweden’s Spotlight Market
Valour Launches New Crypto ETPs
- Valour, part of DeFi Technologies, launched 13 new crypto exchange-traded products (ETPs) on Sweden’s Spotlight Stock Market.
- The launch includes meme coins FLOKI and PEPE, expanding Valour's listed products to 99, making it the largest digital asset ETP issuer worldwide.
- The ETPs cover various sectors, including infrastructure plays like Optimism, Immutable, and IOTA.
- Each product is SEK-denominated with a management fee of 1.9% and available via standard brokerage platforms.
Market Insights
- Despite their Swedish debut, both FLOKI and PEPE have seen price declines over 10% in the past week.
- PEPE is trading near $0.0000097 with weak momentum, showing potential for a bullish reversal if it breaks above $0.00001058.
- FLOKI trades at $0.00008645 inside a descending wedge pattern, suggesting possible bullish reversal pending breakout confirmation.
- Key resistance levels for FLOKI are between $0.00001080–$0.00001200, while support ranges from $0.00008000–$0.00007500.
