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BLOOMBERG: Bitcoin ETF Pledges to Reduce Carbon Footprint by Planting Trees

Bitcoin Reddit

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"Calgary-based Accelerate, which offers alternative ETF products, pledges to plant 3,450 trees for every C$1 million ($788,200) invested into its carbon-negative Bitcoin ETF, estimating this will result in the sequestration of about 1,000 tons of carbon dioxide. Exchange traded crypto funds have been approved in Canada, though not in the U.S. "

Read the full article here: https://www.bloomberg.com/news/articles/2021-08-27/bitcoin-etf-pledges-to-reduce-carbon-footprint-by-planting-trees

submitted by /u/AccelerateFinTechInc
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