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Carbon Neutral Crypto ETF Invest. Funds Launched (Ind. Report)
Purpose Investments
Date: 2021-11-29
In Toronto, Canadian asset manager Purpose Investments is touting two new cryptocurrency-based exchange-trading funds (ETFs) that offer carbon offsetting to investors. Exchange-traded funds are public trade, limited liability and passively managed investment funds that have many benefits such as performance, versatility and security.

Purpose Investments has partnered with Patch to help measure the carbon footprint of crypto wallets and provide carbon removal solutions. The objective is to invest in controlled carbon offset schemes with the aim of providing carbon neutral exposure to customers BTC. Some of the projects it invests in include direct air carbon capture, biomass, mineralization or CO2 removal, forestry, marine composting and soil management. (Source: Purpose Investments, PR, WSC, 28 Nov., 2021) Contact: Purpose Investments, 877-789-1517, www.purposeinvest.com

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