Valour Enters the Green Crypto Space

In a move that’s as refreshing as a cool breeze on a summer day, Valour, a subsidiary of DeFi Technologies, is making waves with its new Carbon Neutral Bitcoin Exchange-Traded Product (ETP). Unveiling on the Frankfurt Stock Exchange this Friday, investors are set to get an eco-friendly ticket to the crypto rollercoaster.

What’s the Buzz About This ETP?

So, what’s the deal with this ETP, and why should you care? Valour is hailing it as a “sustainable and climate-friendly” investment, with a management fee that nudges at 1.49%. The idea is to give investors exposure to Bitcoin without the pesky eco-cost usually associated with crypto mining. Advocates argue that it aligns perfectly with global environmental goals and corporate social responsibility practices.

How Do They Achieve Carbon Neutrality?

To pull off this bold claim, Valour has teamed up with Patch, a go-to platform known for its climate action infrastructure. Imagine them as the superheroes of environmental responsibility, swooping in to save us from an out-of-control carbon footprint. Using Patch’s API-based solution, Valour will precisely calculate the carbon emissions tied to their investments. This nifty technology considers everything from mining equipment efficiency to national emission statistics, ensuring a thorough approach to carbon neutrality.

Picking the Right Projects

Now, how do we know that this carbon offsetting actually works? Well, it’s not left to chance. Patch will carefully select projects based on several key criteria, including:

• Additionality: Should show that the carbon offset projects wouldn’t exist without the investment.
• Permanence: Must ensure that the carbon reductions are long-lasting.
• Negativity: A strict no to initiatives that do harm instead of good!

This structured approach gives investors a chance to invest with peace of mind, knowing that their money isn’t just fueling more emissions.

Valour’s Growing Portfolio

For those tracking Valour’s offerings, this isn’t their first crypto rodeo. Their existing line-up includes ETPs for Binance (BNB), Uniswap (UNI), Cardano (ADA), and several other cryptocurrencies that roll off the tongue like a fine wine. As of March 2022, they were riding high with $274.2 million in assets under management.

The Cryptocurrency Market Outlook

Despite the crypto markets experiencing a rough patch this year, interest in these financial products remains strong. In a surprising twist, the Swiss firm 21Shares recently launched two new ETPs, offering investors exposure to the giants Bitcoin and Ether (ETH). They’ve even taken a creative stab at minimizing volatility by strategically rebalancing assets against the US dollar. Talk about financial acrobatics!