A step forward for crypto’s carbon-neutral future. Two new carbon-neutral cryptocurrency exchange-traded products launched on the sixgroup Swiss Exchange, bringing the total number of crypto ETPs to 155. (Reporting via Ke_Arnol_d)
Two new carbon-neutral cryptocurrency exchange-traded products have been launched on the Six Swiss Exchange, bringing the total number of crypto ETPs to 155.on Monday that Helveteq is introducing two new crypto ETPs, Bitcoin and Ethereum , becoming the third crypto ETP issuer to join SIX in 2022.
An ETP is a derivative financial instrument that trades based on assets such as commodities, currencies, share prices or interest rates. The BTCO2 and ETH2O ETPs seek to expose investors to the world's two most valuable cryptocurrencies while offsetting their carbon footprints. They are part of the"crypto goes carbon neutral" campaign led by Helveteq in conjunction with the Swiss fintech innovation lab at the University of Zurich.while commenting on the latest listing.
"Awareness of the link between the environment and the blockchain economy is rising fast and we all must work together to find sustainable solutions. That’s why Helveteq sponsors and cooperates with the University of Zurich for research in this field, based on which we compensate the carbon footprint of our Zero ETP family.”