ABTC: Accelerate Carbon-Negative Bitcoin ETF

About the Fund

The Accelerate Carbon-Negative Bitcoin ETF (TSX:ABTC or ABTC.U) seeks to provide investors with exposure to the performance of bitcoin by investing in CME bitcoin futures. Accelerate intends to sequester over 100% of the estimated carbon dioxide emissions attributable to bitcoin transactions that ABTC is indirectly exposed to by funding decarbonization initiatives including its global tree-planting program.

WHO IS THE ETF FOR?
  • Investors who want exposure to the performance of bitcoin in an eco-friendly way; and
  • Can tolerate a high level of investment risk.
HOW DOES IT WORK?
  • ABTC holds bitcoin derivatives
  • Implements a decarbonization initiative through a global tree-planting campaign
  • For every CAD $1,000 invested, an estimated 1 net tonne of carbon emissions is sequestered
ABTC TRADING DATA
NAV: CAD $4.9633 / USD $3.8895
Date: 2021-12-06
RESEARCH
QUICK FACTS

Type:
ESG/ Cryptocurrency

Structure:
ETF

Date Started:
August 31, 2021

Management Fee:
0.69%

Performance Fee:
none

Investment Manager:
Accelerate Financial Technologies Inc.

Distribution Frequency:
n/a

Exchange:
TSX

Currency:
CAD or USD

Risk Rating:
High

DISCLAIMER: ABTC provides exposure to bitcoin through futures and saves the planet by supporting decarbonisation initiatives. See our prospectus for further details. This information on this web page does not constitute investment, legal or tax advice. Past performance is not indicative of future results. Any data provided on this web page should not be viewed as a recommendation or solicitation of an offer to buy or sell any securities or investment strategies. The information on this web page is based on market conditions and may fluctuate and change without notice. Accelerate does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this website and any liability is expressly disclaimed.

Calculate Your Impact

To find out how many trees your investment will plant or how much carbon footprint is offset by your investment, enter the amount below:

Investment Amount:
$
Estimated trees planted:
Investment Amount:
$
Estimated net tonnes of CO2 sequestered per year:

What Makes ABTC Eco-friendly?

Bitcoin miners are expected to consume roughly 130 Terawatt-hours of energy (TWh), which is approximately 0.6% of the global electricity consumption. ABTC is green for four reasons:

1. No Blockchain

We trade bitcoin futures, which consumes a fraction of the energy of mining bitcoin. Each bitcoin bought through futures is one that doesn’t need to be mined.

2. Decarbonization initiative

We have a tree-planting campaign to neutralize carbon emissions and help fight climate change. Up to 10% of our management fee will be allocated to our annual tree-planting campaign.

3. Independently verified

We work closely with a third-party sustainability consultant, helping us efficiently track energy use and emissions, allowing us and our investors to achieve a sustainable investing experience.

4. Professionally managed

We use a tree-planting mangement platform that enables us to monitor projects effectively. It is designed specifically to manage large-scale projects, allowing us to provide data to clients regarding the status of their sustainability efforts.

How Can ABTC Benefit You?

Diversify your investment portfolio

Help fight climate change

Explore Other Investment Solutions