7RCC, an ESG-conscious company, has recently applied for a spot Bitcoin Exchange-Traded Fund (ETF), marking a significant stride in the fusion of cryptocurrency investment with environmental sustainability. This innovative financial instrument aims to cater to investors who are increasingly focused on environmental, social, and governance (ESG) criteria in their investment decisions.
Central to the 7RCC Bitcoin ETF is its unique investment composition. The fund dedicates 80% of its capital base to actual Bitcoin (BTC) investments, while the remaining 20% is allocated to carbon credit futures. This structure is designed to offset the environmental impact traditionally associated with Bitcoin mining, a concern that …
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