Valour Launches Pi SEK ETP, Trading Activity Remains Low
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Market Performance: Valour's Pi SEK ETP has been on the market for five months but has seen limited trading activity, resulting in a modest price movement since launch, currently at approximately 19.32 SEK, significantly below its all-time high of 25 SEK, indicating a lack of investor interest.
- Investor Demand Lags: Despite claims of over 47 million users in the Pi Network, Valour's ETP has failed to attract sufficient trading volume, with a 24-hour trading volume of only $8 million, reflecting low market acceptance of the product, which could impact future liquidity.
- Management Fee Impact: The ETP carries a 1.9% annual management fee, which further compresses investor net returns in the context of limited trading activity, leading to weaker performance compared to similar products and affecting Valour's market competitiveness.
- Whale Activity Monitoring: Although the Pi token has risen by 3.2% amid a broader crypto market recovery, selling behavior from whales and concerns over future unlocks have stagnated demand, with the number of whales decreasing to 21, indicating a lack of market confidence.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
