Indian Crypto Investment Platform to Offer Bitcoin ETFs?
The post Indian Crypto Investment Platform to Offer Bitcoin ETFs? appeared first on Coinpedia Fintech News
Mudrex is all set to offer spot BTC ETFs to Institutional and Retail Investors. In its first phase, it will list four spot ETFs – BlackRock, Fidelity, Franklin Templeton and Vanguard. This is much more valuable to institutions, as this was already available to retailers,” Patel said in an interview with CoinDesk. Mudrex is the first Indian crypto platform to offer this service. The development is one of its kind as India’s crypto regulatory environment is divided between the central bank, the RBI and the government led by the Finance Ministry. While the regulatory focus of the RBI and finance ministry may differ, they seek to protect the Indian Economy,