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On May 12th, the Huatai-PineBridge Semiconductor ETF (513310) saw its secondary market trading price significantly higher than its net asset value per share, exhibiting a substantial premium. To protect investors interests, trading in the fund will be suspended from the opening of the market on May 13th, 2026, until 10:30 AM on the same day. If the premium in the secondary market trading price remains high at the midday close, the fund has the right to apply to the Shanghai Stock Exchange for a temporary trading halt during the afternoon session of May 13th, 2026, until the market closes to warn of the risk. Specific details will be announced at that time.According to CNBC, SoftBank has invested $450 million in British semiconductor company Graphcore.Deutsche Bank raised its price target for Intel (INTC.O) from $63 to $100.Futures News, May 12th - According to foreign media reports, BMD Malaysian palm oil futures declined on Tuesday, erasing the previous days gains. Analysts predict that palm oil prices may remain high due to market concerns about potential supply tightening in the coming months, while demand remains strong. CGS International and CIMB Securities stated that the April production increase appears to be seasonal, and weather-related disruptions still pose a risk. Crude palm oil prices are expected to remain high for an extended period into 2026 due to structural supply constraints and strong biodiesel demand. Furthermore, El Niño could tighten supply and keep the average price in 2026 at RM4,400 per tonne. The two research institutions stated that the increasing supply is also expected to be absorbed by mandatory biodiesel blending programs in Indonesia and Malaysia.On May 12th, it was reported that in April 2026, Guangdongs Consumer Price Index (CPI) rose 1.0% year-on-year and 0.5% month-on-month. The average CPI for January-April was 0.6% higher than the same period last year. Specifically, food prices fell by 1.1%, while non-food prices rose by 1.5%; consumer goods prices rose by 1.6%, and service prices rose by 0.5%. In April, Guangdongs CPI changed from a 1.1% decrease in the previous month to a 0.5% increase month-on-month. Specifically, food prices fell by 1.0%, while non-food prices rose by 0.9%; consumer goods prices rose by 0.3%, and service prices rose by 0.8%.

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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