Save a Tree, Buy Some Bitcoin

TL;DR

7RCC desires to launch the primary ‘environmentally aware’ spot Bitcoin ETF which can comprise 80% Bitcoin and 20% carbon credit score futures.

This looks as if a (good) advertising and marketing software to assist 7RCC entice the environmentally aware investor, whereas concurrently serving to offset Bitcoin’s carbon footprint.

Full Story

If you wish to be fashionable, it’s essential add a bit pizzazz to what you are doing.

(You will additionally wish to keep away from utilizing the phrases ‘fashionable’ and ‘pizzazz’ – however we’re personally too far gone to try this at this level).

Like, for instance: spot ETFs are at the moment all the trend.

And firms hold saying why theirs might be nice, and what these ETFs will do for the crypto panorama.

Welp!! We’ve a unique approach for you from the crypto agency ‘7RCC.’

And it is fairly a juxtaposition.

Right here’s what’s new:

7RCC desires to launch the primary ‘environmentally aware’ spot Bitcoin ETF.

Which can sound like a contradiction, as a result of Bitcoin would not have a lot of a popularity for being inexperienced, however…

7RCC, simply filed for this spot ETF, named “7RCC Bitcoin and Carbon Credit score Futures ETF.”

It is going to comprise 80% Bitcoin and 20% carbon credit score futures.

(A ‘future’ is an settlement to both purchase or promote an asset at a predetermined future date and value – principally a guess on the long run value of one thing).

Which is type of like 7RCC’s method of claiming:

“Positive, Bitcoin is vitality intensive, however take a look at all of the carbon credit we’re shopping for – v Earth aware, no?”

Serving to them to draw the environmentally aware investor, whereas concurrently serving to offset Bitcoin’s carbon footprint.

Hopefully this answer is only a stopgap between now and a degree within the close to future, when nearly all of miners have transitioned to renewable vitality.

Till then, this ain’t a nasty choice to have!