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On September 6, the Islamic Republic News Agency (IRNA) reported that the public relations department of the Iranian Islamic Revolutionary Guard Corps (IRGC) issued a statement saying that the IRGC Air Force launched multiple ballistic missiles, striking a US aircraft carrier and a destroyer. The targeted US warships were involved in the naval blockade of Iran and interfered with Iranian vessels. The statement said that both US warships were forced to withdraw from the conflict zone after suffering damage.The China Earthquake Networks Center officially reported that a magnitude 3.7 earthquake occurred at 10:29 on September 6 in Wuqia County, Kizilsu Kirghiz Autonomous Prefecture, Xinjiang (40.00 degrees north latitude, 75.75 degrees east longitude), with a focal depth of 20 kilometers.September 6th - The recent US military strikes against Iran, which Iran retaliated against, have led to a rise in international oil prices. On September 4th, local time, Virgin Atlantic founder Richard Branson stated in an interview in the UK that the conflict with Iran is completely unnecessary, as it will only push up oil prices, increase costs for airlines and consumers, and contribute to inflation.On September 6th, TankerTrackers reported on Saturday that Iraqs oil exports in August fell by 36% compared to pre-war levels, making it one of the Middle Eastern oil-producing countries with the largest decline in exports. The comparison is based on export levels in January and February before the conflict. Iran saw the largest drop, with crude oil exports plummeting by 100%. Qatar and Saudi Arabia followed closely, both experiencing a 48% decline in exports. Kuwaits crude oil exports also fell by 36% in August, matching Iraqs decline, placing these two countries tied for third place among those tracked by TankerTrackers. The UAE saw the smallest decline, with crude oil exports falling by only 0.02% compared to pre-war levels.TeslaAI: The training data for Teslas (TSLA.O) Cyber self-driving electric vehicles exceeds the combined driving experience of 16,000 human drivers over their entire lifetimes. It is now providing a safe, easy, and affordable shared mobility experience to the public in Austin, Texas.

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.