* Valour's Bitcoin Carbon Neutral ETP becomes the 11th ETP offered by Valour
* Valour Bitcoin Carbon Neutral offers investors exposure to Bitcoin and presents a trusted investment method that benefits the environment and aligns with ESG goals by funding certified carbon removal and offset initiatives in order to neutralise the associated Bitcoin carbon footprint.
* Starting today,
Valour Bitcoin Carbon Neutral ETP (ISIN: CH1149139706) provides investors with sustainable and climate-friendly exposure to Bitcoin with a low management fee of 1.49%. The ETP presents a trusted investment method that benefits the environment and aligns with ESG goals by funding certified carbon removal and offset initiatives in order to neutralise the associated Bitcoin carbon footprint.
Valour has partnered with leading climate action infrastructure provider, Patch, in the structuring of the ETP. When investments are made in the Valour BTC Carbon Neutral ETP, all carbon emissions linked to the investment will be automatically targeted to achieve carbon neutral output using Patch's API-based solution, which takes into account various inputs, such as the efficiency of mining equipment, distribution of hash power, and nation level carbon emission data, to estimate the amount of carbon emissions the Valour portfolio has.
To offset these emissions, Patch only selects high integrity projects that prevent, remove and sequester carbon dioxide from the atmosphere. Patch carefully selects projects, and ensures they have been vetted by qualified and recognized organisations and standards, including; Gold Standard, Climate Action Reserve, Verified Carbon Standard, BCarbon, American Carbon Registry and Puro.Earth. The criteria Patch uses to ensure projects deliver the highest impact are: additionality, real and verifiable permanence, and negativity.
"Valour strives to ensure that its offerings promote sustainable practices and contribute to efforts to build a carbon neutral crypto industry", said
Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across four European exchanges. In addition to Bitcoin Carbon Zero, Valour's existing product range includes Valour Binance (BNB), Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM) and Enjin (ENJ) ETPs, as well as Valour's flagship Bitcoin Zero and Valour Ethereum Zero products, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee-free.
Learn more about Valour at https://valour.com/
About Valour
Cautionary note regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the development of the Issuer; investor interest in Valour's ETPs; geographic expansion and additional listings of Valour's ETP offerings; the regulatory environment with respect to the growth and adoption of decentralised finance; the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Valour, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited to success of the Issuer; the acceptance of Valour ETPs by exchanges, including the NGM, Börse
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