Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors
Summary
Indian cryptocurrency platform Mudrex plans to offer U.S. spot bitcoin ETFs to institutional and retail investors in India. The company will list four spot ETFs and facilitate transactions through broker partners in the U.S. Despite regulatory challenges, Mudrex aims to enable Indians to invest in spot bitcoin ETFs through the Liberalised Remittance Scheme, with a minimum investment of $5,000 and a maximum of $250,000. About 20 institutions have initiated the process of joining, with expected average ticket sizes of $110,000.
