The Frankfurt Stock Exchange has just announced that Valour is launching a new Carbon Neutral Bitcoin Exchange Traded Product (ETP) of its own.
In this regard, Valour Inc., a technology company that bridges the gap between traditional capital markets, Web3, and decentralized finance, as well as the first and only publicly traded company that specializes in traditional capital markets, has announced that it will launch its new Carbon Neutral Bitcoin Exchange Traded Product (“ETP”) on Börse Frankfurt. Today, September 23, 2022, will mark the start of trading for these ETPs.
Offering Environment-Friendly Solutions
In addition to providing investors with sustainable and climate-friendly exposure to Bitcoin through the Valour Bitcoin Carbon Neutral ETP, the ETP also has a low management fee of just 1.49%.
To offset the Bitcoin carbon footprint, the ETP offers a trusted investment method that aligns with ESG goals by funding the implementation of certified carbon removal and offset initiatives. As a result, the Bitcoin carbon footprint can be neutralized, and thus the impact on the environment is reduced.
To structure this ETP, Valour has partnered with Patch, one of the leading providers of climate action infrastructure. By investing in the Valour BTC Carbon Neutral ETP, all carbon emissions associated with the investment will be automatically targeted to achieve a carbon-neutral outcome.
The number of carbon emissions that the Valour portfolio produces is calculated by taking into account various inputs, including the efficiency of mining equipment, the distribution of hash power, and country-level data on carbon emissions.
Patch selects only high-integrity carbon offset and sequestration projects that are capable of preventing, removing, and sequestering carbon dioxide from the atmosphere to offset these emissions.
As part of the project selection process, Patch ensures that projects have been vetted by qualified, well-known, and recognized quality assurance companies and standards, including Gold Standard, Climate Action Reserve, Verified Carbon Standard, BCarbon, American Carbon Registry, and Puro.Earth.
There are four European exchanges where Valour offers its fully hedged digital asset exchange-traded products with low or no management fees.
As well as Bitcoin Carbon Zero, Valour also has the Valour Binance (BNB), Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM) and Enjin (ENJ) ETPs in its existing product range, as well as its flagship Bitcoin Zero and Valour Ethereum Zero products, the first passive, fully hedged investment products that are entirely free of fees that are fully hedged and have the underlying cryptocurrencies Bitcoin (BTC) and Ethereum (ETH).