Save a Tree, Buy Some Bitcoin

TL;DR

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

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

Full Story

If you wish to be stylish, it is advisable add somewhat pizzazz to what you are doing.

(You will additionally need to keep away from utilizing the phrases ‘stylish’ 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 fad.

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

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

And it is fairly a juxtaposition.

Right here’s what’s new:

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

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

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

It would 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 worth – mainly a guess on the longer term worth of one thing).

Which is sort of like 7RCC’s manner of claiming:

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

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

Hopefully this resolution is only a stopgap between now and some extent 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!