The exchange-traded fund (ETF) combines cryptocurrency and environmental market exposure, with holdings split between Bitcoin and emissions-linked futures.
Miami-based fintech firm 7RCC Global has debuted the 7RCC Spot Bitcoin and Carbon Credit Futures ETF on NYSE Arca (BTCK), which combines exposure to Bitcoin with regulated carbon credit futures within a single exchange-traded vehicle. The fund’s Bitcoin holdings are custodied by Gemini Trust Company 7RCC Global said that the ETF is structured around the 7RCC Kaiko Bitcoin Carbon Credit Index and tracks daily movements in BTC prices alongside the value of carbon credit futur