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:
Date:
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
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:
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. Futures-based
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.
I Know by Cassius Cuvée
"SPAC Dreams" rapper Cassius Cuvee wrote and produced a song inspired by the Accelerate
Carbon-Negative Bitcoin ETF.
We are strategically partnered with veritree, the world’s first fully integrated platform designed to transform the restoration space through technology, which relies on accurate monitoring and ongoing stewardship to ensure projects are performing exactly as intended. With this technology, there is:
No Double Counting
Additionality
Permanence
Transparency
How Can ABTC Benefit You?
Diversify your investment portfolio
Help fight climate change
Explore Other Investment Solutions
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.
