Nexo and 7RCC Global propose an innovative Bitcoin Exchange-Traded Fund ( ETF ) that integrates Environmental, Social, and Governance (ESG) principles. Named the Nexo 7RCC Spot Bitcoin and Carbon Credit Futures ETF , this fund aims to merge cryptocurrency investment with sustainability, addressing the growing demand for responsible financial products. The proposed ETF will allocate 80% of its portfolio to Bitcoin and 20% to Carbon Credit Futures . This approach blends digital asset growth with environmentally focused financial instruments. Carbon credit futures are tied to the predicted value of carbon credits, commonly used to manage emissions under cap-and-trade systems in regions such as the European Union, California, and the Regional Greenhouse Gas Initiative . This structure ensures adaptability to regulatory changes while fostering sustainable investment practices. According to Nate Geraci, President of the ETF Store , Nexo and 7RCC Global have submitted an S-1 amendment to the US Securities and Exchange Commission (SEC) . Geraci described the ETF as an "ESG version of a spot BTC ETF" and expressed confidence in its potential approval. He noted that this ETF introduces a fresh perspective in a competitive market. The spot Bitcoin ETF market has seen $36 billion in net inflows since January, underlining substantial investor interest. If approved, this ESG-focused ETF will directly compete with industry leaders like BlackRock and Fidelity , offering investors an option that combines financial returns with environmental responsibility. Additionally, this proposal aligns with global climate initiatives, including the World Economic Forum's Safeguarding the Planet program . Nexo Co-founder Kalin Metodiev, CFA , emphasized the long-term vision behind the initiative, stating: “Today’s generation seeks not only to profit but to make a difference.” This ETF represents a significant step toward integrating cryptocurrency investment with sustainable finance, setting a new benchmark for responsible investment solutions.
