Toronto-based technology company Valour Inc. has announced its intention to launch Carbon Neutral Bitcoin Exchange Traded Product (ETP), on Börse Frankfurt, the largest stock exchange in Germany.
According to a press release, German investors can now buy the Bitcoin Carbon Neutral ETP on Börse Frankfurt, the country’s largest exchange, for just 1.49% in management fee starting from September. Consequently, Bitcoin Carbon Neutral ETP from Valour becomes the eleventh ETP to be introduced by the firm.
Recall that leading German banks Comdirect and Onvista announced back in August that they would start providing their retail customers in Germany access to Valour’s ETPs and other cryptocurrency services. Similarly, bank clients will be able to include Valour’s ETPs, such as Bitcoin Zero and Ethereum Zero, in their investment accounts.
Furthermore, to compensate for the carbon footprint linked with Bitcoin, the ETP offers a…
