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The positive element of this ETF is its inclusion of carbon credit futures, which happens to be designed to offset the environmental effects of Bitcoin mining. Carbon credits are fundamentally permits that allow organizations to emit a particular number of carbon dioxide, and firms can trade or invest in these credits to stay compliant with emission limitations.

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"Based on my comprehension of the existing state of Ether, the Ethereum network and its decentralized composition, existing presents and profits of Ether will not be securities transactions", Hinman stated.

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