One River Carbon Neutral Bitcoin ETF - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
May 24, 2021 Asset management firm One River has filed for regulatory approval to offer a bitcoin ETF that would purchase carbon credits. Asset management firm One River has filed for regulatory approval to offer a bitcoin exchange-traded fund (ETF) that would be carbon neutral through the purchase of carbon credits. The One River Carbon Neutral Bitcoin Trust, as the product would be called, will factor in adjustments to reflect the current spot prices of carbon credits needed to offset the “estimated carbon footprint attributable to each bitcoin,” per a filing with the U.S. Securities An...