Australian crypto-asset firm Monochrome Group has registered its Bitcoin and Ethereum ETFs with Singapore’s Monetary Authority, marking a strategic expansion into Southeast Asian markets amid growing institutional demand for regulated digital asset products.
“We’re bringing Monochrome to South East Asia, starting with getting the first Australian Bitcoin ETF registered with the Monetary Authority of Singapore,” CEO Jeff Yew told Decrypt.
The firm’s Bitcoin ETF (IBTC) and Ethereum ETF (IETH) secured registration as restricted schemes, enabling access for accredited or institutional investors through Singapore’s regulated financial framework, which places a minimum of S$200,000 per transaction.
These new products allow both Bitcoin and cash subscriptions and redemptions, addressing varied institutional requirements in the region.
“It’s not about chasing price moves—it’s about building real infrastructure and giving institutions, investors, and even governments better access to Bitcoin,” Yew said, reflecting on Sunday’s market rout which triggered over
