Australian crypto-asset firm Monochrome Group has registered its Bitcoin and Ethereum ETFs with Singapore's Monetary Authority, expanding into Southeast Asian markets to meet growing institutional demand. The ETFs have received restricted scheme status, allowing access for accredited or institutional investors in compliance with Singapore's financial framework. Monochrome has partnered with Anadara Capital to enhance institutional services and has onboarded BitGo Trust Company for custody services. The firm plans to establish regional offices by 2025. The move comes as institutions seek regulated digital asset products as portfolio hedges amid market turbulence. Monochrome's ETFs provide a blueprint for integrating crypto into mainstream finance through rigorous compliance frameworks.
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