EUR/USD 1.13694
-0.063%
Gold 4053.64
0.107%
Oil 88.544
-2.783%
USD/JPY 163.848
-0.004%
GBP/USD 1.33208
0.055%
GBP/JPY 218.264
0.066%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 26 - According to Reuters: A senior Iranian source said that Iran will cease its attacks as long as the United States maintains the current ceasefire; after the United States suspended its attacks on Iran, Irans attitude was "more skeptical than optimistic".1. Monday: ① Data: Germanys July IFO Business Climate Index; UKs July CBI Retail Sales Balance; US June Durable Goods Orders (MoM); US July Dallas Fed Business Activity Index. 2. Tuesday: ① Data: US ADP Employment Change (Weekly) to July 11; US May FHFA House Price Index (MoM); US May S&P/CS 20-City Composite Home Price Index (YoY, Unadjusted); US July Conference Board Consumer Confidence Index; US July Richmond Fed Manufacturing Index. ② Event: Speech by RBA Governor Bullock. 3. Wednesday: ① Data: US API Crude Oil Inventories (Week Ending July 24); Australias June Unadjusted CPI (YoY); Switzerlands July ZEW Investor Confidence Index; UK June Bank of England Mortgage Approvals; US EIA Crude Oil Inventories (Week Ending July 24); US EIA Cushing, Oklahoma Crude Oil Inventories (Week Ending July 24); US EIA Strategic Petroleum Reserves (Week Ending July 24). ② Event: SK Hynix releases its Q2 financial report. 4. Thursday: ① Data: US Federal Reserve interest rate decision (to July 29); Frances preliminary Q2 GDP annual rate; Switzerlands July KOF Leading Economic Index; Germanys preliminary Q2 unadjusted GDP annual rate; Eurozones preliminary Q2 GDP annual rate, Eurozones June unemployment rate, Eurozones July industrial sentiment index, Eurozones July economic sentiment index; UK Bank of England interest rate decision (to July 30); Germanys preliminary July CPI monthly rate; US initial jobless claims for the week ending July 25; US June core PCE price index annual rate; US June personal spending monthly rate; US preliminary Q2 real GDP annualized quarterly rate; US preliminary Q2 real personal consumption expenditure quarterly rate; US preliminary Q2 core PCE price index annualized quarterly rate; US June core PCE price index monthly rate; US EIA natural gas storage for the week ending July 24. ② Events: The Bank of Canada releases its monetary policy meeting minutes; the Federal Reserve FOMC announces its interest rate decision and Fed Chairman Warsh holds a monetary policy press conference [with simultaneous interpretation]; the Bank of England announces its interest rate decision, meeting minutes, and monetary policy report, and Bank of England Governor Bailey holds a monetary policy press conference. ③ Earnings Reports: Meta, Microsoft, Qualcomm, and ARM will release their Q2 2026 earnings reports after the US stock market closes on July 29. 5. Friday: ① Data: Japans June unemployment rate; Chinas July official manufacturing PMI; UKs July Nationwide house price index month-on-month; Switzerlands June real retail sales year-on-year; Frances July CPI month-on-month preliminary reading; Germanys July seasonally adjusted unemployment figures and July seasonally adjusted unemployment rate; Eurozones July CPI year-on-year preliminary reading and Eurozones July CPI month-on-month preliminary reading; Canadas May GDP month-on-month; US Q2 labor cost index quarter-on-quarter; US July Chicago PMI; US July University of Michigan consumer sentiment index final reading; US July one-year inflation rate expectation final reading; Japans target interest rate until July 31. ② Events: A new round of price adjustments for domestic refined oil products will begin; the Bank of Japan will announce its interest rate decision and economic outlook report, and Bank of Japan Governor Kazuo Ueda will hold a press conference on monetary policy. ③ Earnings Reports: Amazon and Apple will release their earnings reports after the US stock market closes on July 30. 6. Saturday: ① Data: Total number of US oil rigs for the week ending July 31. 7. Sunday: ① Events: OPEC+ oil-producing countries will hold their monthly meeting on oil policy.The China Earthquake Networks Center officially measured a 4.8-magnitude earthquake in New Taipei City, Taiwan (24.94 degrees north latitude, 121.82 degrees east longitude) at 20:36 on July 26, with a focal depth of 95 kilometers.July 26 - To effectively carry out emergency disaster relief work following Typhoon Noul, the Guangdong Provincial Department of Finance and the Provincial Emergency Management Department urgently allocated 50 million yuan in provincial-level natural disaster relief funds on July 26. This funding will support disaster-stricken areas such as Huizhou, Shanwei, Jieyang, Meizhou, and Heyuan in emergency rescue and relief efforts, procurement and storage of relief supplies, investigation and emergency response to secondary disaster risks, and reconstruction of damaged housing. The aim is to minimize the impact of the disaster and ensure the safety of life and property of affected people.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.8 occurred at 20:36 on July 26 in the sea area near Yilan County, Taiwan (24.90 degrees north latitude, 121.87 degrees east longitude). The final result is subject to the official rapid report.

Carbon Neutral Bitcoin and Ethereum ETPs Listed on Swiss Exchange

Cory Russell

Apr 12, 2022 10:43

The two new ETPs on SIX are Bitcoin Zero (BTCO2) and Ether Zero (ETH2O).


The ETPs are the product of a campaign known as "Crypto becomes carbon neutral."


The debut took place at a time when the stock market was in free collapse.


While the crypto market and the stock market are two distinct things, investors can't seem to get enough of both. As a consequence, we are seeing the emergence of Exchange Traded Products (ETPs) (ETPs).


People desire something more sustainable even inside these ETPs, and carbon-neutral ETPs have been designed to meet that need.

Crypto Becomes Carbon Neutral

The influence of crypto on the environment has been a long-debated matter, with no clear answer in sight.


To put a stop to this, the European Union nearly outright outlawed proof of work, but the majority of members voted against it, saving Bitcoin, Ethereum, and other (PoW) cryptocurrencies.


Other businesses, on the other hand, are still attempting to become carbon-neutral, as did an ETP provider for the stock market.


In collaboration with the Swiss FinTech Innovation Lab of the Institute for Banking and Finance at the University of Zurich, Helveteq, a Swiss issuer of ESG-transparent investment products, launched the research-based project "Crypto becomes carbon neutral."


The two ETPs, Bitcoin Zero (BTCO2) and Ether Zero (ETHZ), were born from it (ETH2O).


"It is time to give investors the first carbon neutral crypto ETPs from a Swiss issuer," Dr. Christian Katz, the CEO of Helveteq, said. The relationship between the environment and the blockchain economy is becoming more widely recognized, and we must all work together to create long-term solutions."


These ETPs will be added to SIX's pool of 240 other investment products.

Perhaps Now Isn't the Best Time?

The introduction of the ETPs, which was announced today, was not the best timing given the current state of the crypto market. The market has lost more than $122 billion in total, forming a 6.25 percent long red candle.


However, even before today, the overall market capitalization had fallen below $2 trillion, and is at $1.841 trillion. As a result, there's a significant likelihood that this will have a detrimental impact on the launch of these ETPs.

Suggestion