TechFlow news — 7RCC, a small crypto asset management firm focused on environmental investment, has filed to launch a spot Bitcoin ETF.
The 7RCC crypto ETF will consist of 80% Bitcoin, with the remainder allocated to carbon credit futures. Gemini Exchange will provide custody services for the fund's Bitcoin holdings.
7RCC’s CEO said the company began its ETF application process 18 months ago but waited for the appropriate infrastructure to mature.
Gemini stated the ETF will help investors balance Bitcoin's innovation with the environmental benefits of carbon credit futures, offering a single trading vehicle that integrates digital assets and environmental sustainability.
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