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The U.S. State Department advises U.S. citizens worldwide to be more vigilant about security.US-Israel-Iran Conflict: ① Iran 1. Iran claims its domestically produced air defense system hit a US F-35 fighter jet. 2. Iran claims to have intercepted an F-15 fighter jet off its southern coast. 3. Iran attacks two locations in southern Israel, injuring 175 people. 4. Iranian drones attack Jewish military infrastructure at Ben Gurion International Airport in Israel. 5. Iran launches its 74th wave of strikes. The Iranian armed forces claim they have switched from defense to offense. 6. The Iranian parliament speaker warns of cracking down on financial institutions that fund US military operations. ② US 1. Bessenter: Sometimes, to de-escalate tensions, it is necessary to escalate actions. 2. US Treasury Secretary Bessenter stated that "50 days of rising prices could buy 50 years of Iranian denuclearization." 3. A poll by the US research group ARG shows Trumps approval rating at a record low, with a disapproval rating of 63% and a approval rating of only 34%. ③ Israel 1. An explosion is reported in central Israel, suspected to be an Iranian missile attack. 2. The Israeli military admits it failed to intercept an Iranian missile, resulting in over 100 injuries. 3. A fire broke out near Galilee in northern Israel, killing one person. 4. Netanyahu said he would directly strike the leader of Irans Islamic Revolutionary Guard Corps. 5. Netanyahu claimed that "all countries should join the military action against Iran." 6. Israel said Tel Aviv was attacked by Iran, injuring at least seven people. 7. The Israeli military confirmed that a rocket from Lebanon was fired at a community along its northern border, reporting injuries and property damage. ④ Other 1. Explosions were heard in Baghdad, the capital of Iraq. 2. British officials said they had not found any plans or capabilities by Iran to attack Europe. 3. Saudi Ministry of Defense: Detected three ballistic missiles launched towards the Riyadh area; one was intercepted, and the other two landed in uninhabited areas. 4. The Turkish Foreign Minister reportedly discussed measures to end the war with the foreign ministers of Iran and Egypt, US officials, and EU foreign policy chiefs in a phone call. 5. US media: Saudi Arabia is trying to prevent the Houthi rebels in Yemen from joining the war against Iran. ⑤ Strait of Hormuz 1. Iran: Allows non-enemy vessels to pass through the Strait of Hormuz. 2. Irans Revolutionary Guard proposed four measures in response to Trumps threats: complete closure of the Strait of Hormuz; attacks on all power plants, energy and information technology facilities; complete destruction of all US-owned companies in the Middle East; and attacks on power plants in Middle Eastern countries with US military bases. 3. Sources: Iran hopes to "monetize" control of the Strait of Hormuz, apparently referring to reports that each oil tanker would have to pay around $2 million to pass through the strait. Gaza Situation: 1. Israel launched airstrikes on several bridges in southern Lebanon. 2. Israeli military: Continues ground operations against key targets in southern Lebanon. 3. Hezbollah claims to have fired rockets into northern Israel, hitting military bases. Roscosmos stated that astronauts aboard the International Space Station will remotely control the Progress MS-33 cargo spacecraft to dock with the station, and they are ready to do so.March 23 - U.S. Treasury Secretary Bessant claimed that Russia will receive an additional $2 billion in budget revenue due to Washington easing sanctions on Russian energy operators amid the Middle East situation.March 23 - According to foreign media reports, Fannie Mae and Freddie Mac, the two major mortgage lenders controlled by the U.S. government, have reportedly begun purchasing large amounts of mortgage-backed securities (MBS) from the market to cope with widening bond spreads and increased market volatility. Sources indicate that these two semi-official institutions are attempting to take advantage of the market sell-off to further expand their already substantial bond and loan portfolios. Recently, U.S. President Trump instructed these two institutions to purchase $200 billion in mortgage-backed securities to enhance housing affordability.

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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