Cryptocurrency Exchange-Traded Product Achieving Zero Carbon Emissions
In a significant move for the cryptocurrency sector, ETC Group's Bitcoin Exchange-Traded Product (ETP), BTCE, has been established as the world's first climate-neutral Bitcoin ETP. This groundbreaking product was listed on the Deutsche Boerse Xetra in June 2020.
Bradley Duke, co-founder and CEO of ETC Group, has been a strong advocate for the importance of addressing the climate issue within the cryptocurrency sector. In line with this, BTCE has been designed to be carbon-neutral through several key strategies.
Firstly, the Bitcoin network emissions associated with the BTC represented by the ETP are offset. Secondly, ETC Group supports carbon projects and renewable energy initiatives to compensate for these emissions. Lastly, the company engages with climate-conscious financial frameworks to mitigate the environmental impact.
However, while search results do not provide direct or specific information about ETC Group’s climate-neutral initiatives for BTCE as of August 2025, it is known that the CO-credits for BTCE are generated through the support of projects curated and managed by some of the world's most respected climate and conservation groups.
High-quality emission credits are used to offset the CO-emissions associated with Bitcoin mining and transaction activities of BTCE. This move is in response to a frequently expressed need by investors for climate-neutral Bitcoin products.
BTCE's climate-neutral status has made it Europe's most traded, physically-backed Bitcoin ETP. Bradley Duke has urged other companies in the cryptocurrency sector to take meaningful steps to address the climate issue, emphasising the need for immediate action.
Notably, Bradley Duke has also mentioned that Bitcoin miners are increasingly using renewable power. This shift towards sustainable practices in the mining sector is a positive development that aligns with ETC Group's commitment to environmental responsibility.
For precise, up-to-date environmental initiatives for ETC Group’s BTCE, it is recommended to check directly on the ETC Group’s official website or their latest sustainability disclosures.
- Bradley Duke, the CEO of ETC Group, advocates for addressing climate change in the cryptocurrency sector, and his company's Bitcoin Exchange-Traded Product (BTCE) is designed to be carbon-neutral, engaging in climate-conscious financial frameworks, supporting carbon projects, and renewable energy initiatives, and offsetting Bitcoin network emissions.
- As a response to the need expressed by investors for climate-neutral Bitcoin products, BTCE uses high-quality emission credits to offset the carbon emissions associated with Bitcoin mining and transaction activities.
- BTCE's climate-neutral status and alignment with sustainable practices make it Europe's most traded, physically-backed Bitcoin ETP, and Duke encourages other cryptocurrency companies to take meaningful steps to address climate change, emphasizing the need for immediate action.
