Welcome to the future of investing with 7RCC Global’s groundbreaking environmentally conscious spot Bitcoin ETF. As the competition heats up for innovative investment products in the world of cryptocurrency, 7RCC Global is setting a new standard with their unique approach.
While not part of the initial wave of ETF launches, 7RCC Global is forging ahead with their plans to introduce a revolutionary spot Bitcoin ETF in the United States.
Redefining Investment Opportunities: 7RCC’s Spot Bitcoin ETF
On March 12th, the New York Stock Exchange officially submitted a form for the listing and trading of shares of 7RCC’s spot Bitcoin and Carbon Credit Futures ETF. This move comes after 7RCC’s previous application to the SEC for the Bitcoin ETF. Known as BTCK, this ETF offers investors exposure to both Bitcoin and carbon credits, with a unique composition of 80% BTC and 20% Carbon Credit Futures.
Powered by the Vinter Bitcoin Carbon Credits Index, 7RCC’s ETF mirrors the daily price fluctuations of Bitcoin and Carbon Credit Futures, offering a diversified investment opportunity unlike any other.
7RCC will lead as the Bitcoin advisor, with Tidal Investments as the sponsor, Gemini as the custodian, and Wilmington Trust as the trustee. The fee structure for the fund is yet to be revealed, adding to the anticipation surrounding this innovative ETF.
Bold Predictions: Bitcoin to Reach $200,000
7RCC Global’s Co-Founder and CEO, Rali Perduhova, is not just optimistic but highly bullish on Bitcoin’s future. In a recent interview with Bloomberg, Perduhova forecasted that Bitcoin could reach $200,000 by the end of the year, citing the approval of ETFs as a significant catalyst for the crypto market’s growth.
“Our target was $100,000, but now we’re looking at $200,000 by the end of the year. The ETF approvals have reshaped the global narrative around Bitcoin, opening doors for wider adoption and changing conversations with investors.”
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