The company 7RCC filed with the SEC заявку to launch a spot ETF based on the first cryptocurrency and carbon-credit futures.
The S-1 filing states the following:
“The fund’s investment objective is to reflect daily changes in the price of Bitcoin and the value of Carbon Credit Futures provided by the Vinter Bitcoin Carbon Credits Index. […] The index is designed to track the performance of investments in a portfolio consisting of 80% digital gold and 20% carbon-credit futures.”
The ETF is expected to be custodied by Gemini. The filing also states that the new financial instrument will allow investors to diversify their portfolios by “balancing the innovative nature of Bitcoin and the progressive field of carbon-credit futures”.
Earlier, Bloomberg analyst James Seyffart expressed the view that the SEC would broadly approve bitcoin-ETF filings in January.