EUR/USD 1.16783
0.003%
Gold 4616.86
2.163%
Oil 86.290
0.427%
USD/JPY 158.995
-0.035%
GBP/USD 1.36466
0.123%
GBP/JPY 216.979
0.098%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 23, Zhaojin Mining announced that its revenue for the first half of 2026 was RMB 9.022 billion, an increase of approximately 29.38% year-on-year; profit attributable to shareholders of the parent company was RMB 1.578 billion, an increase of approximately 9.61% year-on-year; net profit was RMB 2.105 billion, an increase of approximately 18.50% year-on-year; basic and diluted earnings per share were RMB 0.42, an increase of approximately 10.75% year-on-year. The board of directors does not recommend the payment of an interim dividend.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.3 occurred at 18:04 on August 23 near Tashkurgan County, Kashgar Prefecture, Xinjiang (36.96 degrees north latitude, 74.89 degrees east longitude). The final result is subject to the official rapid report.According to the Financial Times, Italian oil company Eni is betting that nuclear fusion will become its "next refinery".On August 23, two slope collapses occurred in Fengshan Town, Fengqing County, Lincang City, Yunnan Province, leaving four people missing. The Ministry of Natural Resources activated a Level IV emergency response for geological disaster prevention in Yunnan at 2 PM on the 23rd and dispatched a working group to the site to guide rescue and relief efforts.On August 23, Galaxy Securities stated that in the short term, the index will continue to fluctuate due to overseas volatility and stock structure disturbances, and the game and rebalancing between sectors will continue. However, external shocks are more of a phased disturbance, and the domestic policy signals and the logic of the main industry line have not been shaken. Looking ahead to the second half of the third quarter, the market will mainly be structural rotation and repair. It is recommended to focus on the policy line and the direction of economic verification to seize structural opportunities. Next week, pay attention to the following events: (1) Overseas macro pricing, the second valuation of the US second quarter GDP, the core PCE in July and the speech of the chairman of the Jackson Hole Annual Meeting will be released one after another; (2) Technology company performance verification, Nvidias financial report is an important indicator for observing the continued expectation of global AI capital expenditure; (3) The disclosure of A-share interim reports is about to end, which may become an important window for the concentrated release of individual stock alpha. The industrial enterprise profit data to be released next week will provide a total scale for profit recovery; (4) At the industry level, pay attention to the 2026 Wenchang International Aviation and Aerospace Forum, etc.

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