Yello Paradisers! 7RCC, a firm that caters to environmentally and socially conscious investors, has announced the launch of a special Exchange-Traded Fund (ETF). This new ETF uniquely blends Bitcoin with carbon credit futures, representing a pioneering approach in the crypto investment space.
A Synergistic Blend of Bitcoin and Carbon Credits
The structure of this ETF is particularly intriguing. It comprises 80% Bitcoin and 20% carbon credit futures, following the Vinter Bitcoin Carbon Credits Index. This index reflects the performance of emissions allowances from systems like the European Union Emissions Trading System. The ETF is designed to track both the price movements of Bitcoin and the value of these carbon credit futures.
Gemini: A Trusted Custodian for the ETF
Gemini, a well-known cryptocurrency exchange, has been appointed as the custodian for this innovative ETF. This collaboration marks a significant milestone for Gemini, as it provides investors an opportunity to diversify their investment portfolios while focusing on sustainability and environmental governance.
ESG Investment Meets Cryptocurrency
7RCC’s ETF is a trailblazing initiative in the investment world, merging the dynamic world of cryptocurrency with the growing demand for ESG (Environmental, Social, and Governance) compliant investment options. This ETF allows investors to engage with Bitcoin while also contributing to environmental sustainability through carbon credit futures.
Expanding Horizons in Crypto Investments
This move by 7RCC and Gemini paves the way for more innovative, environmentally conscious investment strategies in the cryptocurrency domain. It stands as a testament to the evolving nature of investment products, which are increasingly aligning with global sustainability goals and ESG principles.