WisdomTree Launches Europe’s First California Carbon Allowance Fund

Share post:

WisdomTree has launched Europe’s first California carbon allowance exchange-traded product (ETP) listed on the London Stock Exchange, the Borsa Italiana, and will be listed on the Deutsche Boerse on April 20. The WisdomTree California Carbon ETP (WCCA) has a total expense ratio (TER) of 0.49% and will track the ICE California Carbon Allowance Futures via the Solactive California Carbon Rolling Futures TR index. The California Capture and Trade programm is a significant part of the state’s plan to decrease its greenhouse gas emissions by 85% below 1990 levels by 2045. The revenues received through California Carbon Allowances (CCAs) fund a range of climate change and mitigating initiatives.

ETF Newz Says:

WCCA expands its carbon ETP range to two, sitting alongside the WisdomTree Carbon ETP (CARB) with $287m assets under management (AUM).


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...