A Step For “Green Bitcoin” By One River Digital

Digital asset management company One River Digital said that asset holders in the institutional Bitcoin fund prefer the new carbon neutral stock class.

A step for “Green Bitcoin” has been made by One River Digital. While the issue of "Green Bitcoin" is still being discussed in the cryptocurrency world, a new step on this issue came from the US-based digital asset management company One River Digital. At the request of the asset holders in the institutional Bitcoin fund, the company created the option to invest in digital assets in a way that will reduce the carbon emissions of cryptocurrency mining.

$55 / 1 BTC per Year

One River has created an index (BTC.X) based on the estimated carbon emissions per Bitcoin and the market price required to neutralize this emission. According to the digital asset management company, this premium price, based on estimated carbon emissions, will add up to 0.15 percent per year for every 1 BTC. This corresponds to about 55 dollars. It is stated that the received tokenized carbon premiums will also be processed on the blockchain.

Environmental Factors Will Be Considered

Making statements on the subject, Eric Peters, the founder of the company and also the chief investment officer, drew attention to the need to pay attention to environmental factors and said: “We think that digital assets do people a great favor. In order to use this potential, we have to think about environmental factors for the future ahead of time. The announcement we made has been made possible by our customers. This is a very important step we have taken on the right path. This demand of theirs will also set an example for institutional investor behavior.”