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Wall Street Journal reporter Nick Timiraos: From now on, the month-over-month base for the remaining months of this year will become more challenging. From August to November 2025, the core PCE month-over-month increase will be between 0.18% and 0.23%. Since November 2025, there has only been one month with a core PCE month-over-month increase below 0.23%, namely June 2026.US President Trump: There may be new developments regarding the CIA Directors visit to Russia.US President Trump reiterated that the US blockade of the Strait of Hormuz remains in effect.US President Trump: (Regarding Irans Supreme Leader) I dont think hes dead, hes probably seriously injured.August 26 – The U.S. economy grew at an annualized rate of 1.5% in the second quarter, with no revisions. However, details revealed that consumer spending and business investment were stronger than initially estimated. The Bureau of Economic Analysis (BEA) released its second estimate Wednesday, showing that inflation-adjusted GDP grew at an annualized rate of 1.5%, compared to 2.1% in the first quarter. Consumer spending, which accounts for more than two-thirds of economic activity, grew at an annualized rate of 3.4% in the second quarter, higher than the initial estimate of 3.2%. Non-residential fixed investment grew at an annualized rate of 8.5%. A narrower measure of underlying demand – final sales by private domestic buyers – was revised to grow by 4.2% in the second quarter, the strongest increase in more than three years, higher than the initial estimate of 3.9%. This indicator excludes net exports, inventories, and government spending. Government spending declined by 1% annualized in the second quarter, reflecting a significant reduction in non-defense-related spending.

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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