Mudrex, a Y-Combinator backed global crypto investment platform announced its launch of the US Bitcoin Spot ETFs for Indian investors. Investors can start investing in Bitcoin spot ETFs on Mudrex’s platform with a minimum investment of $5000 and a maximum of $250,000.
Mudrex empowers investors to choose individual spot ETFs, create a personalized basket, or opt for pre-listed options depending on market capitalization.
In the first phase, the platform is set to list four spot ETFs – BlackRock, Fidelity, Franklin Templeton, and Vanguard. Investors can choose between systematic investment plans (SIP) or lump-sum investments, aligning with their financial goals. Investors can invest in spot Bitcoin ETFs through Mudrex’s platform by completing their KYC process. This is a milestone for Mudrex to deliver investment solutions within the evolving digital asset landscape.
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”.
Mudrex operates in complete compliance with local regulatory bodies in India and the European Union. The platform is a registered entity with FIU (Financial Intelligence Unit) in India and holds a VASP (Virtual Asset Service Provider) license in the EU. Mudrex also obtained the OAM (Organismo Agenti e Mediatori) registration in Italy.