15:58 uur 02-07-2021

BTCE, Europa’s toonaangevende fysieke Bitcoin ETC kondigt aan dat het klimaatneutraal wordt

  • BTCetc – ETC Group Physical Bitcoin (BTCE) zal het eerste Bitcoin exchange traded product (ETP) zijn dat zijn ecologische voetafdruk compenseert
  • ETC Group zal een aantal projecten financieren om al zijn bitcoin-gerelateerde Scope 3-emissies te compenseren
  • BTCE blijft Europa’s meest verhandelde fysiek ondersteunde Bitcoin ETP

LONDEN–(BUSINESS WIRE)– ETC Group heeft vandaag aangekondigd dat haar toonaangevende crypto ETP BTCetc – ETC Group Physical Bitcoin (BTCE) de eerste Bitcoin ETP zal zijn die klimaatneutraal wordt. ETC Group compenseert de CO2-voetafdruk van BTCE, zijn vlaggenschip Bitcoin ETP, met zorgvuldig geselecteerde, hoogwaardige koolstofcredits, ter compensatie van de CO2e1-uitstoot die gepaard gaat met BTCE Bitcoin-mijnbouw- en transactieactiviteiten. Deze koolstofkredieten zullen projecten ondersteunen die worden samengesteld en beheerd door enkele van de meest gerespecteerde klimaat- en natuurbehoudgroepen ter wereld.

BTCE, Europe’s Leading Physical Bitcoin ETC Announces It’s Going Carbon Neutral

  • BTCetc – ETC Group Physical Bitcoin (BTCE) will be the first Bitcoin exchange traded product (ETP) to offset its carbon footprint
  • ETC Group will fund a number of projects to offset all of its bitcoin-related Scope 3 emissions
  • BTCE continues to be Europe’s most heavily traded physically-backed Bitcoin ETP

LONDON–(BUSINESS WIRE)– ETC Group has today announced that its leading crypto ETP BTCetc – ETC Group Physical Bitcoin (BTCE) will be the first Bitcoin ETP to go carbon neutral. ETC Group will offset the carbon footprint of BTCE, its flagship Bitcoin ETP, with hand-selected, high quality carbon credits, compensating for the CO2e1 emissions associated with BTCE Bitcoin mining and transaction activities. These carbon credits will support projects curated and managed by some of the most respected climate and conservation groups in the world.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210702005260/en/

ETC Group's Bitcoin Carbon Offset Initiative (Photo: Business Wire)

ETC Group’s Bitcoin Carbon Offset Initiative (Photo: Business Wire)

This latest innovation follows a series of other world firsts. BTCE rose to prominence when it became the first crypto ETP approved by the German regulator BaFin, and the world’s first centrally cleared crypto exchange traded product when it listed on Germany’s Deutsche Börse XETRA exchange in June 20202. BTCE is Europe’s most heavily traded physically backed Bitcoin ETP3.

ETC Group’s co-founder and CEO, Bradley Duke, said “Companies benefiting from cryptocurrencies like bitcoin are right to take meaningful steps to address climate concerns. We are pleased to see that bitcoin miners are increasingly sourcing renewable electricity, but we at ETC Group feel it’s important to do more and act now. That’s why we have launched our initiative to calculate our bitcoin product’s carbon footprint, and offset it with high quality projects curated and monitored by some of the world’s most respected climate action companies.”

ETC Group will fund nature-based, carbon sequestration and renewable energy projects to offset all of its bitcoin-related Scope 3 emissions since the launch of BTCE, and will continue to do so on a quarterly basis. ETC Group also announced that it will join the Crypto Climate Accord, a group that actively seeks to move the entire crypto sector towards low carbon mining and operations, and net zero by 2040.

For more information on the initiative visit www.etc-group.com or contact us at carbonneutral@etc-group.com

Cryptocurrencies are highly volatile and your capital is at risk: https://etc-group.com/resources/disclaimer/etc_group_disclaimer.pdf

– ENDS –

About ETC Group

ETC Group ( www.etc-group.com ) is specialized in developing innovative digital asset-backed securities and is backed by a number of major London-based financial institutions. Shareholders include firms such as XTX Ventures, the venture capital arm of electronic market-making firm XTX Markets. ETC Group’s securities are marketed by HANetf.

1Carbon dioxide equivalent” or “CO2e” is a term for describing different greenhouse gases in a common unit. For any quantity and type of greenhouse gas, CO2e signifies the amount of CO2 which would have the equivalent global warming impact.

3https://www.boerse-frankfurt.de/en/etfs | https://www.hanetf.com/article/740/btcetc-etc-group-physical-bitcoin-btce-is-leading-european-bitcoin-exchange-traded-product-with-45966-million-inflows-in-q1-2021


Paul Cockerton


Check out our twitter: @NewsNovumpr