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Islamic Republic of Iran Broadcasting (IRIB): Alarms are sounding in Bahrain.According to Israeli media reports, sounds resembling missile launches were heard in Darab, Fars province, Iran.Market news: Federal Reserve Chairman Warsh told staff in a memo that he would engage in dialogue on Fed reform with a “clear eye” while adhering to the Fed’s best traditions.According to sources familiar with the matter, Broadcom (AVGO.O) has pledged the largest share of funding guarantees for Anthropic’s record-breaking microchip financing deal, reducing the debt costs of the $36 billion transaction.① Iran 1. Iran says repairs to damaged energy facilities are progressing faster than expected. 2. Explosions were heard on Qeshm Island in southern Iran. ② United States 1. US media reports a US pilot was shot down twice: once by friendly fire and once by an Iranian attack. 2. The US military claims to have attacked an Iranian oil tanker, rendering it unable to navigate. 3. US Central Command: Since imposing a blockade on all maritime traffic to and from Iranian ports on April 13, the US military has crippled six merchant ships and forced another 122 to change course. ③ Israel 1. Israeli Defense Minister Katz: If northern Israel is attacked again, strikes will be launched against the suburbs of Beirut, Lebanon. The US has "approved" the policy of striking the Beirut suburbs. 2. Israel clarifies reports of a phone call between Trump and Netanyahu. Trump did not comment on the imprisonment issue, nor did he claim that Netanyahu is hated globally. 3. Israeli Foreign Ministry: Despite yesterdays renewed ceasefire announcement, Hezbollah continues to violate the ceasefire agreement. Just last night, Hezbollah launched multiple missile and drone attacks from Lebanon into Israeli communities. 4. The Israeli Prime Minister vowed the Iranian regime would fall. 5. Netanyahu: Iran will not be allowed to threaten Israels survival. ④ Strait of Hormuz 1. Iranian media: Applications for passage permits to the Strait of Hormuz are now open. ⑤ Ceasefire negotiations 1. According to Irans Meh News Agency: Sources say Irans final text is still under discussion in Tehran and has not yet been responded to by the US. 2. Iranian media: Information exchange between Iran and the US has been interrupted for several days. 3. According to Israels i24News: Israeli and Lebanese officials are holding their fourth round of talks in Washington, D.C. 4. Rubio: The US and Iran are still talking, and it is uncertain when an agreement will be reached. 5. According to AFP: Hezbollah in Lebanon will not accept a "partial ceasefire" with Israel. 6. Trump demands a stronger commitment from Iran on the nuclear issue. 7. Trump: "The US and Iran stopped talking a few days ago" is fake news; dialogue between the two sides has been ongoing. ⑥ Other situations: 1. Bahrains Ministry of the Interior: Due to the current security tensions, citizens are prohibited from traveling to Iran and Iraq. 2. The UAE plans to build an oil product pipeline that bypasses the Strait of Hormuz.

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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