ETP is a derivative financial instrument traded on a variety of assets, including cryptocurrencies. BTCO2 and ETH2O products allow investors to invest in major cryptocurrencies while offsetting their carbon footprint. They will be part of the “cryptocurrencies going carbon neutral” campaign.
Helveteq CEO Christian Katz believes it’s crucial to give investors access to carbon-neutral cryptocurrency ETPs:
“Awareness of the connection between the environment and the blockchain economy is growing rapidly and we need to work together to reduce the impact of cryptocurrencies on the environment. That’s why Helveteq sponsors and collaborates with the University of Zurich on research in this area, based on which we offset carbon emissions”.
There are now 155 Cryptocurrency ETPs already trading on the SIX exchange. In late March, CoinShares partnered with Cryptocurrency exchange FTX to launch a new exchange product (ETP) on Solana with physical collateral