The answer to your question ultimately depends on how you plan to construct your Volkhvy (Gifted Companion, Mythic Companion etc). Generally speaking, characters with the Gift start out with all of their traditions favored abilities for free, while those characters associated with the Divine, Faerie or Infernal realms should be created as Mythic Companions with the extra virtues going toward their supernatural abilities. If that character also has the ability to learn supernatural abilities associated with their realm, they can pick them up in play (Mystery Initiations are good for this)
Erik Dahl and Richard Love explained it better than I can... ([url]https://forum.atlas-games.com/t/favored-abilities-and-the-ungifted/4529/1])