HashKey Aims to “Green” ETFs’ Bitcoin Blocks, Partners GreenBTC.Club

In an official post, HashKey Group, a digital asset financial services group in Asia, announced its strategic collaboration with GreenBTC.Club. The alliance envisions the launch of the “Bitcoin ETF Greening Initiative,” a move that aims to sustain the development of the Bitcoin ecosystem.

On April 30, HashKey Group took to X to declare its alliance with GreenBTC.Club. The platform wrote on X, “HashKey Group partners with GreenBTC.Club to reach carbon neutrality for Bosera HashKey Bitcoin ETF.”

Notably, GreenBTC.Club is an inclusive climate action network that employs a tokenized green certificate assets protocol. By partnering with GreenBTC.Club, HashKey Group intends to “green” Bosera HashKey Bitcoin ETFs’ Bitcoin blocks, achieving carbon neutrality of the fund’s holdings.

In the post, HashKey Group asserted that the platform would continuously purchase renewable energy certificates to “commemorate the successful issuance of the Bosera HashKey Bitcoin ETF. The X post read,

“Through the Bitcoin ETF Greening Initiative, HashKey Group will purchase Renewable Energy certificates based on the scale of holdings in the Bosera HashKey Bitcoin ETF to offset the carbon emissions generated by the historical energy consumption of Bitcoin mining.”

Further, HashKey Group offered an opportunity for investors to win a unique NFT that serves as a “permanent on-chain record supporting Bitcoin carbon neutrality.” It also represents each investor’s participation in carbon reduction through public welfare actions.

In related news, the Bosera HashKey Bitcoin ETF and the Bosera HashKey Ether ETF were officially launched on the Hong Kong Stock Exchange on April 29, 2024. These ETFs are reportedly part of the first batch of Bitcoin and Ether spot ETFs to launch in Asia’s major financial hub.