The Swiss Stock Exchange lists two new carbon neutral crypto ETPs


Two new carbon neutral exchange-traded cryptocurrency products (ETPs) have been launched on the Six Swiss Exchange, bringing the total number of crypto ETPs to 155.

The SIX Swiss Exchange just announced on Monday that Helveteq is launching two new exchange-traded crypto products (ETPs), Bitcoin (Bitcoin Zero / BTCO2) and Ethereum (Ether Zero / ETH2O), becoming the third crypto ETP issuer to do so coming to SIX in 2022.

An ETP is a derivative financial instrument that is traded based on assets such as commodities, currencies, stock prices or interest rates. The BTCO2 and ETH2O ETPs aim to introduce investors to the world’s two most valuable cryptocurrencies while offsetting their carbon footprint. They are part of the “crypto goes carbon neutral” campaign led by Helveteq in cooperation with the Swiss Fintech Innovation Lab of the University of Zurich.

Christian Katz, CEO of Helveteq, said it is important to offer carbon neutral crypto ETPs while commenting on the recent listing. He added:

“Awareness of the connection between the environment and the blockchain economy is rising rapidly and we all need to work together to find sustainable solutions. That is why Helveteq is funding and collaborating with the University of Zurich for research in this field, based on which we offset the carbon footprint of our Zero ETP family.”

Related: ETF provider WisdomTree introduces Solana, Cardano and Polkadot ETPs

Many crypto ETPs have been created since the world’s first crypto ETP was launched on the SIX Swiss Exchange in December 2018. The Amun Crypto Basket ETP (HODL), which tracks five major cryptocurrencies, was launched in 2018 as the platform’s first ETP.

On January 13, SIX announced the trading of BTCetc Bitcoin ETP (BTCE), giving investors a new way to access the world’s most valuable cryptocurrency. The platform provides access to 240 cryptocurrency-based products. According to the announcement, the platform’s trading volume for crypto-related products increased by 673% in 2021.