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Spot bitcoin ETFs: Can Indian investors make hay while the sun shines?

Participation in foreign stock and ETF markets by Indian investors is regulated by the Reserve Bank of Indias Liberalised Remittance Scheme (LRS). However, Indian investors need much more than SEC’s green signal amid repeated warnings by the RBI governor in the recent past.
Shaktikanta Das Nirmala Sitharaman Gaurav Mehta Sumit Gupta Reserve Bank Liberalised Remittance Scheme

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RBI Guv reiterates opposition to crypto, days after US permits bitcoin ETFs

Last week, the US SEC approved ETFs based on bitcoin, a move that sent cryptocurrency prices soaring worldwide. Das has steadfastly maintained over the years that cryptocurrencies pose immense threats to currency and monetary stability and could be the source of the next major global financial crisis.
Shaktikanta Das World Economic Forum At Davos On Exchange Commission Reserve Bank World Economic Forum Rbi Guv

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