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Qatars Prime Minister and Foreign Minister met and held talks with Iranian Foreign Minister Araqchi.On August 27th, the China Association of Automobile Manufacturers (CAAM) issued an initiative on improving the consistency of automobile production and the level of quality and safety. The initiative includes upholding safety standards and consolidating the foundation of quality and safety; strengthening high-quality standards and establishing high-level industry benchmarks; enhancing enterprise quality and safety control and improving comprehensive quality system management capabilities; optimizing product supply chain management and improving supply chain security and quality levels; standardizing technological innovation and further strengthening product innovation design verification and testing; and standardizing publicity and accepting social supervision, actively fulfilling corporate social responsibility.A spokesperson for the European Commission said: "The CIA director has not informed us about his trip to Russia."A spokesperson for the European Commission stated: "Companies (Meta) need to proactively contact us and make appropriate commitments."On August 27th, Baozun released its Q2 2026 financial report and announced that it would raise its 2028 non-GAAP operating profit target from RMB 550 million to RMB 700 million, an increase of over 27%. This adjustment sends a clear signal that the strategic transformation is continuing to show results and profitability is further improving. Baozun stated that its strategic transformation over the past few years has validated the resilience, scalability, and profit potential of its business model. With the accelerated implementation of AI empowerment and the continued deepening of synergy between its two major business segments, operational efficiency and synergistic value are expected to be further released, providing solid support for the higher profit target in 2028.

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.

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