ChainCatcher Message, The ETF Store President Nate Geraci revealed that Nexo 7RCC has submitted the S-1 amendment for the world's first Bitcoin and carbon credit futures hybrid ETF. This innovative fund will allocate 80% of its investments to Bitcoin, with the remaining 20% invested in carbon credit futures, tracking carbon trading systems such as the EU, California, and regional greenhouse gas initiatives.
The SEC has approved its 19b-4 filing, which is seen as the ESG version of the Bitcoin ETF. The fund's price will be jointly influenced by the spot price of Bitcoin, carbon credit allowances, and their futures prices. Investors may be interested in how this new type of portfolio performs in the market. 🌍📈