First Crypto ETF in ASIA

ETF's are something that is very common in the Stock Market and even I have some in my own Portfolio so when I heard that a Crypto based ETF was in the works it is a no brainer that I am Interested in this ETF but I do have to make sure that this Investment will pay off. So this ETF is going to be launched with Torus King Blockchain IFSC which is a joint venture between Mumbai-based Cosmea Financial Holdings and Hyderabad-based Kling Trading India. Now even though this is going to be an ETF it is not going to invest in Crypto directly, as they are going to track the progress of certain Cryptos that they pick for their ETF. The ETF will be launched in a SANDBOX and will undergo some testing before seeking approval from the Government or SEBI as to how it should be regulated provided all the testing goes ok.

Even though this ETF is not LIve right now the idea seems super awesome to me and by doing so this will obviously put a lot of eyes on Retail Investors who were yet to dive into Crypto. We also got the IC15 Global Index for Crypto as well and things like these do end up piquing the Interest of Investors and I hope that more people join the Crypto World with us.

That being said if this ETF launches I will not be investing in it and the reason behind that is pretty simple. Currently, I feel like I have garnered enough experience that I can make decisions of my own as to which Crypto I should Buy and Hold and which I should Sell. I am not saying that I have knowledge as big as the guy who will be doing the Investing on the ETF but still I will most certainly be picking my own Cryptos to Invest in rather than investing in an ETF.

But obviously, if a new guy joins in the Crypto World an ETF would be a nice way to get their Toes wet in the Crypto Market without a lot of worries.