SEC Approves 7RCC Bitcoin & Carbon Credit ETF for NYSE Listing

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The SEC has approved the 7RCC Spot Bitcoin and Carbon Credit Futures ETF for listing on NYSE Arca, blending cryptocurrency exposure with sustainability efforts. Effective November 15, 2024, the ETF combines direct Bitcoin price exposure with investments in carbon credit futures to offset environmental impacts. Initially filed in March 2024, the proposal underwent multiple revisions to meet regulatory and investor protection standards. This groundbreaking product reflects the growing demand for sustainable crypto investments, marking a significant step toward integrating digital assets with eco-conscious financial strategies.