HomeNEWSSwiss public exchange lists two new zero-carbon crypto ETPs

Swiss public exchange lists two new zero-carbon crypto ETPs


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Swiss public exchange SIX has just launched two new Zero-carbon crypto exchange-traded products (ETPs), bringing the total tally of crypto ETPs to 155.

Helveteq’s Crypto ETPs

According to a Monday announcement, Helveteq is introducing two new crypto exchange-traded products (ETPs), namely; Bitcoin (Bitcoin Zero / BTCO2) and Ethereum (Ether Zero / ETH2O). This means that Helveteq is now the third crypto ETP issuer that would be joining SIX so far in 2022.

However, with these two new ETPs (BTCO2 and ETH2O), investors now have access to the world’s most valuable cryptocurrencies. And in addition, they will both ensure that carbon footprints are reduced to the barest minimum.

For clarity, an ETP is a derivative financial tool that trades based on assets such as interest rates, currencies, commodities, or share prices. And without doubt, the new ETPs are a large part of the “crypto goes carbon neutral” campaign of Helveteq.

In fact, confirming one of the aims of the listing, Christian Katz, CEO of Helveteq, reiterated the importance of offering zero-carbon crypto ETPs. He said:

Awareness of the link between the environment and the blockchain economy is rising fast and we all must work together to find sustainable solutions. That’s why Helveteq sponsors and cooperates with the University of Zurich for research in this field, based on which we compensate the carbon footprint of our Zero ETP family.

New way for investors to access world’s leading cryptocurrencies

Meanwhile, following the world’s first crypto ETP’s launch on the Swiss SIX Exchange in December 2018, many others have been created since then. Recall, the Amun Crypto Basket ETP (HODL), was the first ETP introduced on the platform.

The SIX also announced the BTCetc Bitcoin ETP (BTCE) trading on January 13. Thus, offering investors a new way to gain exposure to the world’s leading cryptocurrency. Interestingly, the platform provides access to no less than 240 crypto-based products. According to SiX’s announcement, the platform’s trading volume for crypto-related products jumped by 673% in 2021.

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mayowa adebajo
mayowa adebajo
Mayowa Adebajo is a fintech enthusiast with a decade long experience writing news stories and creating content generally. When he's not writing, he's either talking politics or discussing sports.

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