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Singapore’s MAS Denies Listing Bitcoin Spot ETF, Retail Investors Can Still Access US ETFs

The Monetary Authority of Singapore (MAS) has made it clear that spot Bitcoin (BTC) ETFs will not be allowed to be listed in Singapore for retail investors. The decision stems from the fact that cryptocurrencies, including Bitcoin, are not considered eligible assets for ETFs according to Singapore’s regulations, a spokesperson for the MAS told Lianhe Zaobao. Licensed capital market intermediaries in Singapore, authorized by the MAS to provide overseas market-related investments, can facilitate the trading of spot Bitcoin ETFs listed in other countries. These intermediaries are required to ensure adequate risk disclosure and conduct appropriate client suitability assessments.

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