Mudrex launches US Bitcoin Spot ETFs for investors in India
Mudrex, a Y-Combinator-backed global crypto investment platform, on Monday announced the launch of US Bitcoin Spot ETFs for Indian investors.
Those interested can start investing in Bitcoin spot ETFs on Mudrex’s platform with a minimum amount of $5,000 and a maximum of $250,000. Mudrex empowers investors to choose individual spot ETFs, create a personalised basket, or opt for pre-listed options depending on market capitalisation.
Commenting on the development, Edul Patel, CEO & Co-founder of Mudrex, said, “Seeing the increasing demand for Bitcoin spot ETFs and user requests on our platform in the past few months, we have decided to launch it for Indian investors. We aim to empower investors with the flexibility to invest across a diverse range of crypto products, offering a seamless and accessible avenue to navigate the dynamic digital asset landscape”.
In the first phase, the platform is set to list four spot ETFs – BlackRock, Fidelity, Franklin Templeton and Vanguard.
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The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
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