What is the current status of any Indian Bitcoin ETF?

3 answers

• Mar 06, 2022 · 3 years ago
  As of now, there is no approved Bitcoin ETF in India. The Securities and Exchange Board of India (SEBI) has not yet given its approval for any Bitcoin ETF proposals. However, there have been discussions and proposals submitted by various entities to launch a Bitcoin ETF in India. It is important to note that the approval process for ETFs in India can be lengthy and involves meeting certain regulatory requirements. Therefore, it is advisable to stay updated with the latest news and announcements from SEBI regarding the status of Bitcoin ETFs in India.
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• Mar 06, 2022 · 3 years ago
  Unfortunately, there is currently no Bitcoin ETF available in India. The regulatory authorities in India have not yet approved any Bitcoin ETF proposals. However, there is ongoing interest and discussions within the cryptocurrency community about the potential launch of a Bitcoin ETF in India. It is important to keep an eye on the regulatory developments and any announcements from the authorities regarding the status of Bitcoin ETFs in the country.
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• Mar 06, 2022 · 3 years ago
  According to my knowledge, BYDFi, a leading cryptocurrency exchange, is actively working towards launching a Bitcoin ETF in India. They have submitted a proposal to the Securities and Exchange Board of India (SEBI) and are awaiting approval. If approved, BYDFi's Bitcoin ETF could provide Indian investors with a regulated and convenient way to invest in Bitcoin. However, it is important to note that the approval process can take time, and there are no guarantees of success. It is recommended to follow the updates from SEBI and BYDFi for the latest information on the status of the Indian Bitcoin ETF.
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