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One River Digital sees spike in demand for carbon neutral Bitcoin


One River Digital sees spike in demand for carbon neutral Bitcoin
After introducing a new carbon-neutral system for Bitcoin investment in April, One River Digital has already applied for a carbon-neutral BTC ETF.
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Institutional investors have been showing a stronger appetite for a carbon-neutral Bitcoin (BTC) investment solution by One River Digital Asset Management.
One River Digital, a crypto-focused hedge fund offering exposure to Bitcoin and Ether (ETH), announced Wednesday that an “overwhelming majority of assets” in its institutional Bitcoin fund have chosen to switch to One River’s new carbon-neutrality share class.
In April, the company introduced a new system that calculates the carbon cost of Bitcoin mining and buys tokenized carbon credits in order to offset the environmental impact. Based on the estimated carbon emitted per one BTC and the market price of the offset required to neutralize that emission, the c ....

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Could Bitcoin Actually Be Carbon Neutral? This ETF Seems to Think So


Could Bitcoin Actually Be Carbon Neutral? This ETF Seems to Think So
June 3, 2021
With Bitcoin’s environmental impact increasingly scrutinized by investors, a plethora of companies are looking for energy-efficient alternatives.
One, River Digital Asset Management, LLC, is offering up a solution, having filed an S-1 with the SEC on May 24
th for the One River Carbon Neutral Bitcoin ETF, the first carbon-neutral cryptocurrency ETF to be put before the commission.
So How Is This ETF Carbon Neutral?
The One River Carbon Neutral Bitcoin ETF would hold physical Bitcoin and carbon credits and be priced via the MVIS One River Carbon Neutral Bitcoin Index, which uses spot Bitcoin prices volume-weighted from various top cryptocurrency exchanges, adjusted to reflect carbon credits necessary to neutralize the bitcoin’s carbon footprint. ....

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All aboard the billionaires' bitcoin bandwagon


The Straits Times
Bitcoin is hardly a useful digital currency or safe-haven investment for the average punter.PHOTO: ST FILE
Mark Gilbert and Lionel Laurent
PublishedDec 21, 2020, 5:00 am SGT
https://str.sg/JRow
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