European stock exchange to list Bitcoin carbon neutral ETP
Cointelegraph
Published Sep 23, 2022 06:00AM ET
Updated Sep 23, 2022 07:40AM ET
A subsidiary of DeFi Technologies, Valour, will debut its new Carbon Neutral Bitcoin Exchange Traded Product (ETP) on the Frankfurt Stock Exchange. Trading of the ETP begins on Sept. 23.
The company positions its ETP as a “sustainable and climate-friendly” exposure to Bitcoin with a management fee of 1.49%. The alignment with global environmental goals and Environmental, Social and Corporate Governance (ESG) is reportedly achieved through funding certified carbon removal and offset initiatives to neutralize the associated BTC carbon footprint.
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Written By: Cointelegraph
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