An eco-friendly Bitcoin ETF will soon be approved by the SEC

Nate Geraci, a recognized expert in the field of Bitcoin ETFs, has recently expressed his optimism about the launch of an unusual fund proposed by Nexo, a major player in the fintech sector. This fund, called Nexo 7RCC, combines investments in spot bitcoin and futures contracts on carbon credits, a first in the ETF industry. The Nexo 7RCC is designed to follow a portfolio composed of 80% bitcoin and 20% carbon credits. The carbon credits are related to emission allowances approved by the relevant authorities of the European Union and California, in the United States. This unique combination seeks to attract environmentally conscious investors while capitalizing on the growing popularity of BTC.