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GREENWICH, Conn., May 26, 2021 /PRNewswire/ One River Digital Asset Management (together with its parent, One River Asset Management) announced the addition of two new members to the firm s Academic and Regulatory Advisory Council: Courtney Simmons Elwood and Harold Ford, Jr. They will join Jay Clayton, former Chairman of the U.S. Securities and Exchange Commission, Kevin Hassett, former Chairman of the White House s Council of Economic Advisers, and Jon Orszag, former Economic Policy Advisor on President Clinton s National Economic Council.
Ms. Elwood served as General Counsel of the U.S. Central Intelligence Agency from June 2017 to January 2021. From 2001 to 2007, she held a number of senior positions in the federal government, including as Associate Counsel to the President, Deputy Counsel to the Vice President, and Deputy Chief of Staff and Counselor to the Attorney General. Before and after that stint in the government, Courtney
Former SEC Chairman Jay Clayton, an adviser for asset manager One River, is now supporting filing a Bitcoin ETF for approval. The securities regulator,
Alan Howard-backed Crypto Hedge Fund One River Files for Carbon-Neutral Bitcoin ETF
May 25 2021 · 09:50 UTC | Updated
May 25 2021 · 11:39 by Bhushan Akolkar · 3 min read
Photo: Unsplash
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This will be the first-of-its-kind Bitcoin ETF that will acquire carbon credits against the Bitcoin use with each of the MCO2 tokens representing certified reductions in greenhouse emissions.
Although Bitcoin (BTC) has been trading under pressure over the last few weeks, hedge funds continue to show confidence in the digital asset. On Monday, May 24, digital asset hedge fund One River filed for a carbon-neutral Bitcoin ETF with the US Securities and Exchange Commission (SEC).
One River files for carbon-neutral Bitcoin ETF with help from former SEC chairman fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
May 24, 2021, 9:34AM EDT
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3 min read
One River, the digital asset hedge fund backed by billionaire investor Alan Howard, has officially filed to create bitcoin exchange-traded fund that incorporates the purchase of carbon credits in an effort to make the product carbon-neutral.
The firm s plans for the One River Carbon Neutral Bitcoin Trust were made public in April when it partnered with carbon credit platform MOSS. Bloomberg reported on One River s efforts earlier in April, with CEO Eric Peters telling the news outlet at the time that There’s a lot of talk about the carbon footprint,” Peters said. “We decided it’s time to stop talking and start doing something about it.