Canadian investment firm plans to plant trees matching buys in Bitcoin ETF

Cointelegraph

Published Aug 27, 2021 04:15PM ET

Updated Aug 28, 2021 06:20PM ET

Accelerate Financial Technologies is planning to match each investment in its pending Bitcoin exchange-traded fund with the planting of thousands of trees.

According to a Friday report from Bloomberg, the Calgary-based investment services company has pledged to plant 3,450 trees for every $1 million CAD — roughly $792,000 at the time of publication — invested in its Bitcoin (BTC) exchange-traded fund, or ETF.

Continue Reading on Coin Telegraph