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Hashdex to Launch Bitcoin ETF Seeking to Neutralize Carbon Emissions

Amy Liu

Summary: Brazil-based asset manager Hashdex will launch a fully bitcoin-based exchange-traded fund (ETF) that seeks to neutralize carbon emissions, the company announced Tuesday. The Hashdex Nasdaq Bitcoin Reference Price Index Fund will use a portion of the management fee to buy carbon credits and will be available as of August on Brazilian stock exchange B3. Roberta ...

Brazil-based asset manager Hashdex will launch a fully bitcoin-based exchange-traded fund (ETF) that seeks to neutralize carbon emissions, the company announced Tuesday. The Hashdex Nasdaq Bitcoin Reference Price Index Fund will use a portion of the management fee to buy carbon credits and will be available as of August on Brazilian stock exchange B3.

Roberta Antunes, chief of growth at Hashdex, said investors have until July 30 to secure the first shares of the Hashdex Nasdaq Bitcoin Reference Price Index Fund (BITH11). 

“We understand that bitcoin can contribute greatly to encouraging the use of clean energy around the world. We want to anticipate this movement and offer investors a product that stimulates the sustainable potential of this asset,” said Antunes. 

By Amy Liu

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