Cryptocurrencies

Canadian Issuer Is Making Its Bitcoin ETF Carbon-Neutral

  • Firm to use part of management fee to offset carbon costs
  • Exchange-traded fund was converted from a trust last week
Photographer: Andrey Rudakov/Bloomberg
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Ninepoint Partners LP is seeking to lessen apprehension about the energy usage of Bitcoin by dedicating a portion of its crypto ETF’s management fee to offset the fund’s carbon footprint.