TL;DR
- Green Bitcoin ETF Initiative: HashKey Group has partnered with GreenBTC.Club to launch the “Bitcoin ETF Greening Initiative,” aiming for sustainable development and carbon neutrality in the Bitcoin ecosystem.
- Carbon Neutral Fund Holdings: The initiative includes greening Bitcoin blocks of the ETFs and purchasing renewable energy certificates to make the fund holdings carbon neutral.
- Bosera HashKey Bitcoin ETF: The Bosera HashKey Bitcoin ETF, recently registered with the Hong Kong Stock Exchange, is part of the first group of Bitcoin and Ether spot ETFs in Asia, representing a move towards sustainability in the crypto market.
HashKey Group, a leading digital asset financial services group in Asia, has announced a strategic collaboration with GreenBTC.Club. The partnership aims to launch the “Bitcoin ETF Greening Initiative,” a move that seeks to promote sustainable development within the Bitcoin ecosystem.
Another goal of the initiative is to “green” the Bitcoin blocks of the ETFs, making the fund holdings carbon neutral. The platform would continue to buy renewable energy certificates as the ETFs have been successfully issued.
On April 30, HashKey Group announced its alliance with GreenBTC.Club. The partnership aims to reach carbon neutrality for the Bosera HashKey Bitcoin ETF. GreenBTC.Club is a climate action network that uses a tokenized green certificate assets protocol.
In addition, GreenBTC.Club will partner with HashKey Group so that the Bitcoin blocks for the Bosera HashKey Bitcoin ETF will be green, and the fund will hold the ETF in a carbon-neutral way. HashKey Group announces the purchase of renewable energy certificates starting from now on to offset carbon emissions incurred by Bitcoin mining.
The Bosera HashKey Bitcoin ETF and Its Carbon Neutrality
This initiative, known as the “Bitcoin ETF Greening Initiative,” will be based on the scale of holdings in the Bosera HashKey Bitcoin ETF. Furthermore, HashKey Group is offering investors the chance to win a unique NFT that serves as a “permanent on-chain record supporting Bitcoin carbon neutrality”.
This NFT also represents the investors’ contribution to carbon reduction through public welfare activities. The formal registration of the Bosera HashKey Bitcoin ETF and the Bosera HashKey Ether ETF with the Hong Kong Stock Exchange was recently made on the 29th of April 2024.
It is reported that these ETFs are among the first group of Bitcoin and Ether spot ETFs to make their debut in Asia’s leading financial center. This initiative is by HashKey Group and GreenBTC.Club is a significant step towards promoting sustainability in the crypto market.
It helps meet the environmental concerns associated with Bitcoin mining and allows investors to invest in carbon reduction efforts.
