Cryptocurrencies

Bitcoin ETF Pledges to Reduce Carbon Footprint by Planting Trees

  • Accelerate to link the number of trees planted to asset flows
  • Bitcoin’s energy consumption seen rivaling some countries
Lock
This article is for subscribers only.

Follow @crypto Twitter for the latest news.

Accelerate Financial Technologies Inc. plans to launch a carbon-negative Bitcoin exchange-traded fund by planting trees to offset the unfavorable environmental impact of cryptocurrency mining.