7RCC Launches ESG-Focused Bitcoin and Carbon Credit ETF on NYSE Arca
- 7RCC Global has launched the BTCK ETF, which allocates approximately 80% to bitcoin and the remaining 20% to carbon credit futures.
- BTCK provides exposure to regulated carbon markets in the EU, California, and the Regional Greenhouse Gas Initiative (RGGI).
- The fund is available for trading on NYSE Arca under the ticker BTCK.
- Gemini Trust Company is responsible for holding the fund’s bitcoin, while U.S. Bank acts as cash custodian and administrator.
- BTCK tracks the daily changes in its underlying assets through the Kaiko Bitcoin Carbon Credit Index.
The launch of BTCK marks one of the first attempts to combine spot bitcoin exposure with environmental commodities in a single investment vehicle, catering to growing demand for ESG-focused crypto products.
By integrating bitcoin with regulated carbon credit futures, BTCK offers a transparent way for investors to access both digital assets and environmental commodities without managing separate accounts or digital wallets. (Source)
