Cryptocurrency exchange Gemini announced it will become the custodian for the 7RCC Bitcoin and Carbon Credit Futures ETF. Gemini stated that the fund provides investors with opportunities for diversified investment portfolios and supporting 7RCC as the custodian for the fund is an important development for their platform.
Previously, Golden Finance reported that 7RCC, a small cryptocurrency asset management company focused on environmental, social, and governance (ESG) investments, is the latest applicant to join the competition for exchange-traded funds (ETFs) for spot Bitcoin trading. They have submitted an application to the US Securities and Exchange Commission (SEC) for ETFs for spot Bitcoin and Carbon Credit Futures trading.
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