Posted 3/11/2024, 8:51:00 AM
Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors With $5,000 Minimum Investment
- Indian crypto investment platform Mudrex to offer U.S. spot bitcoin ETFs to Indian investors
- Mudrex will initially list 4 spot ETFs - BlackRock, Fidelity, Franklin Templeton, and Vanguard
- This service allows Indian institutions and retailers to invest in bitcoin ETFs under the Liberalised Remittance Scheme
- Minimum investment is $5,000 and maximum is $250,000 in line with LRS limits
- Around 20 institutions have initiated the process to invest via Mudrex so far, with average ticket size of $110,000