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7RCC Applies To Offer Bitcoin ETF

By Ruchi SharmaDecember 21, 20231 Mins read735 Views

7RCC Applies To Offer Bitcoin ETF

7RCC, a crypto asset manager, has applied to offer a spot bitcoin exchange-traded fund, joining other major asset managers in the US Securities and Exchange Commission’s (SEC) application process.

The fund aims to hold a combination of bitcoin and financial instruments to gain exposure to Carbon Credit Futures.

The Vinter Bitcoin BTC +4.63% Carbon Credits Index is designed to track the performance of investing in a portfolio consisting of 80% bitcoin and 20% Carbon Credit Futures.

This follows recent applications by major asset managers like BlackRock, WisdomTree, Ark Invest, and 21Shares.

(With inputs from Shikha Singh)

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Written by

Ruchi Sharma -

Ruchi Sharma is a seasoned media professional with over 20 years of experience in the industry, including 4 years dedicated to Blockchain Industry and Web3. Holding a Master’s degree in Mass Communication and a Bachelor’s degree in Commerce, Ruchi combines academic excellence with a dynamic career that spans across roles as an Anchor, Writer, Correspondent, and Producer.

Her transition into the blockchain sector reflects a deep passion for emerging technologies, with a sharp focus on NFTs, Blockchain innovation, and Decentralized ecosystems. Leveraging her extensive media background, Ruchi excels at breaking down complex concepts into engaging narratives, making her a trusted voice for audiences navigating the fast-evolving Web3 space.

Known for her editorial precision and journalistic depth, Ruchi brings a rare blend of storytelling expertise and technical insight, ensuring her work remains impactful, informative, and forward-looking in the rapidly transforming digital economy.

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