The post Monochrome Explores Opportunities with Bitcoin ETFs in Singapore Amid Growing Institutional Interest appeared on BitcoinEthereumNews.com.

Singapore has welcomed Australian crypto ETFs, offering a regulated pathway for institutions amidst the volatile cryptocurrency landscape. The registration of Monochrome Group’s Bitcoin and Ethereum ETFs with Singapore’s Monetary Authority signals a robust interest in compliant digital asset investments. CEO Jeff Yew emphasized, “It’s not about chasing price moves—it’s about building real infrastructure and giving institutions access to Bitcoin.” Discover how Singapore’s approval of Australian crypto ETFs represents a pivotal moment for institutional investment in digital assets amid market fluctuations. Monochrome Group’s Strategic Expansion into Southeast Asia As part of its strategic ambitions, Monochrome Group, an Australian crypto-asset firm, has officially registered its Bitcoin ETF (IBTC) and Ethereum ETF (IETH) with the Monetary Authority of Singapore. This milestone comes as institutions seek regulated avenues to navigate the turbulent cryptocurrency market. The registration not only represents a significant expansion into the Southeast Asian market but also highlights the growing demand for regulated digital asset products in a region that prioritizes financial compliance. Institutional Demand for Regulated Digital Assets The recent push underscores a marked shift in how institutional investors perceive crypto-assets. Monochrome Group’s ETFs are designed as restricted schemes, facilitating access for accredited or institutional investors, with a minimum investment threshold of SGD 200,000 per transaction. This move illustrates a targeted approach tailored to sophisticated investors who are looking for structured and regulated investment vehicles within the cryptocurrency sphere. Moreover, the ETFs provide enhanced flexibility, allowing both Bitcoin and cash subscriptions and redemptions, thus catering to diverse institutional strategies. Building Robust Infrastructure for Cryptocurrency Investment Monochrome’s commitment to developing a solid infrastructure is evident in its partnerships, notably with Anadara Capital and BitGo Trust Company. These collaborations aim to bolster institutional services and address security concerns—a paramount issue in the investment landscape. As the CEO Jeff Yew pointed out, the focus…

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Filed under: News - @ February 3, 2025 5:11 am