Follow us on:

cc_icon

Post: NYSE Proposal: Listing 7RCC Bitcoin and Carbon Credit Futures ETF – Key Details

NYSE Proposal: Listing 7RCC Bitcoin and Carbon Credit Futures ETF – Key Details

Key Points

  • NYSE has proposed listing and trading shares of 7RCC spot Bitcoin and Carbon Credit Futures ETF.
  • 7RCC is advancing towards launching an environmentally-conscious spot Bitcoin ETF in the US.
  • New York Stock Exchange submitted a 19b-4 form for listing 7RCC’s ETF.
  • 7RCC filed an S-1 application with the SEC for the Bitcoin ETF in December.

NYSE’s Proposal for 7RCC ETF

The New York Stock Exchange has taken a crucial step by informing the SEC about its proposal to list and trade shares of the 7RCC spot Bitcoin and Carbon Credit Futures ETF. This move signifies the potential expansion of options available to Bitcoin ETF investors.

7RCC’s Environmentally-Conscious ETF

7RCC, a crypto firm, is making progress towards launching an environmentally-conscious spot Bitcoin ETF in the US. This ETF, which combines exposure to Bitcoin with carbon credits, aims to attract investors interested in sustainable investment opportunities.

NYSE’s Filing and 7RCC’s Application

On March 13, the New York Stock Exchange submitted a 19b-4 form, a necessary filing for listing 7RCC’s innovative ETF. This submission paves the way for potential trading of shares related to spot Bitcoin and Carbon Credit Futures. Additionally, 7RCC had previously applied for the Bitcoin ETF under the ticker BTCK in December, demonstrating its commitment to providing unique investment avenues.

Hot Take

The collaboration between the NYSE and 7RCC to introduce a Bitcoin ETF with an environmental focus not only broadens investment options but also aligns with the increasing interest in sustainable financial products. This development reflects a growing trend in the cryptocurrency market towards more responsible and eco-friendly investment opportunities.

Recent Posts
Social Media
Twitter
Email
Telegram
Facebook
Offers
CheekyCrypto Membership Platform
Hardware Wallets
Bitget
Swissborg
Plutus Card