Helveteq revealed Monday by the SIX Swiss Exchange that it will present 2 new crypto-exchange-traded items. They are Bitcoin (Bitcoin Zero/BTCO2), and Ethereum (Ether Zero/ETH2O). This makes Helveteq the third crypto ETP company to sign up with SIX in 2022.
An ETP (equivalent to a monetary derivative) is one that trades on properties like commodities, currencies, share rate, interest rates, and other kinds of assets. The BTCO2 ETPs and ETH2O ETPs intend to expose investors to two of the most important cryptocurrencies in the world while also decreasing their carbon footprints. They belong to Helveteqs “crypto goes carbon-neutral” project, which is being led in partnership with the University of Zurichs fintech innovation lab.
On the 6 Swiss Exchange, two brand-new carbon-neutral cryptocurrency ETPs (exchange-traded products) were released. This brings the total number to 155.
Christian Katz, CEO at Helveteq, stated that it was vital to supply carbon-neutral crypto ETPs when talking about the new listing. He likewise stated that:
” Awareness of how the environment and blockchain economy communicate is proliferating and we should all work together to find sustainable services.” Helveteq partners with the University of Zurich to carry out research in this area. This is how we offset the carbon footprint of Zero ETP families.
Related: WisdomTree launches Solana and Polkadot ETPs
Because the launch of the first crypto ETP on the Swiss SIX Exchange, December 2018, numerous crypto ETPs were developed. As the platforms first ETP, the Amun Crypto Basket ETP( HODL) tracks 5 significant cryptocurrencies.
An ETP (equivalent to a monetary derivative) is one that trades on assets like commodities, currencies, share cost, interest rates, and other types of properties. The BTCO2 ETPs and ETH2O ETPs aim to expose investors to 2 of the most valuable cryptocurrencies in the world while likewise decreasing their carbon footprints. January 13th, SIX launched the BTCetc Bitcoin ETP trading.
This makes Helveteq the third crypto ETP company to sign up with SIX in 2022.
January 13th, SIX launched the BTCetc Bitcoin ETP trading. The announcement stated that the platforms trading volume in crypto-related items grew by 673% in 2021.