Latest news with #COtwoAdvisors
Business Wire
3 days ago
- Business
- Business Wire
State Street Appointed Servicing Provider for COtwo Advisors' First US-Listed Physical Carbon Allowance ETP
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has been appointed as fund administrator and transfer agent for the COtwo Advisors Physical European Carbon Allowance Trust (NYSE Arca: CTWO)—the first US-listed exchange-traded product (ETP) backed by physical European Union Allowances (EUAs). The CTWO fund, launched by COtwo Advisors, provides investors with direct exposure to the European Union Emissions Trading System (EU ETS), the world's largest and most liquid carbon market. The fund is designed to offer a tax-efficient, transparent, and accessible vehicle for carbon allowance investing, with trading available on NYSE Arca. As servicing provider, State Street will deliver a full suite of exchange traded fund (ETF) infrastructure solutions—including fund accounting, administration, and transfer agency—to provide operational efficiency, scalability, and reliability to support COtwo's innovative fund. 'Launching CTWO with State Street as our servicing partner will help us deliver a seamless and reliable experience to investors,' said Ron Gutstein, Founder & CEO COtwo Advisors LLC. 'Their deep ETF servicing capabilities and global operational scale make them an ideal partner as we expand access to the EU carbon market.' 'We are pleased to support COtwo Advisors in bringing this pioneering carbon market product to US investors,' Jeff Sardinha, head of ETF Solutions- Americas, State Street. 'Our appointment reflects our commitment to delivering full-service expertise needed to support a wide range of our clients' investment solutions.' CTWO is structured to hold physical European Union Allowances (EUAs), avoiding the decay and tax inefficiencies associated with futures-based products. The fund also enables extended trading hours for EUA exposure via NYSE Arca, allowing investors to respond to market developments after European markets close. For more than 30 years, State Street has been at the forefront of ETF innovation, helping shape what is now a global $14 trillion ETF marketplace. Today, State Street remains the world's largest ETF servicer, supporting more than 2,800 ETFs across 13 countries. With fully integrated global ETF servicing capabilities, State Street enables clients to efficiently engage with the evolving ETF landscape through its proprietary technology and scalable operating model. From fund launch to ongoing operations, State Street's solutions are designed to align with industry best practices—regardless of structure, asset class, or investment strategy. 1 About State Street Corporation State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $46.7 trillion in assets under custody and/or administration and $4.7 trillion* in assets under management as of March 31, 2025, State Street operates globally in more than 100 geographic markets and employs approximately 53,000 worldwide. For more information, visit State Street's website at *Assets under management as of March 31, 2025 includes approximately $106 billion of assets with respect to SPDR ® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.
Business Wire
20-06-2025
- Business
- Business Wire
COtwo Advisors Launches First Exchange Traded Product for Physical European Carbon Market
NEW CANAAN, Conn.--(BUSINESS WIRE)--COtwo Advisors, LLC proudly announces the launch of the first Exchange Traded Product (ETP) offering efficient access to the physical European carbon market. This innovative financial product provides investors with physical exposure to the European Union Allowance (EUA) market, simplifying investment in carbon allowances. With our listing on the NYSE Arca, anyone can now efficiently and inexpensively invest in carbon allowances. Share Headquartered in New Canaan, CT, COtwo Advisors was founded with the mission to make carbon investing accessible to all. The COtwo Advisors Physical European Carbon Allowance Trust (NYSE Arca: CTWO), aims to reflect the performance of EUA prices, allowing investors to participate in the growing carbon market without complicated custody arrangements. The Trust's assets consist primarily of EUAs issued via the European Union Emission Trading System (EU ETS), where each EUA represents the right to emit one ton of carbon dioxide equivalent. 'Our goal is to provide efficient, low-cost access to the world's largest and most liquid mandatory carbon market,' said Ron Gutstein, COtwo president and founder. 'CTWO has several benefits for both investors and companies with requirements under the EU ETS. Investors can gain easy exposure to a unique asset class and can hedge the impact of carbon prices on their portfolio companies. Companies with obligations under the EU ETS can use CTWO to hedge their obligations and account for their investments in EUAs in a more precise manner on their balance sheets.' For more information, visit (for current prospectus: or contact info@ About COtwo Advisors, LLC: COtwo Advisors was created with the vision of making carbon allowance investing straightforward and accessible to all. The COtwo Advisors Physical European Carbon Allowance Trust (CTWO) provides a unique opportunity for those interested in carbon markets, offering exposure to the European Union Emissions Trading System (EU ETS), the world's largest and most liquid carbon market. Investors should carefully consider the investment objectives, risks, charges, and expenses of the fund. This and other important information is in the fund's prospectus, which can be obtained by calling (866) 990-6442 or by visiting Read the prospectus carefully before investing. Foreside Fund Services, LLC, serves as the Marketing Agent for the Trust.
