Effective date: 15 September, 2025
Pursuant to the circular on the Regulatory Framework for Global Access in the IFSC issued by the GIFT City regulator, the International Financial Services Centres Authority (IFSCA), offering Crypto Exchange-Traded Funds (ETFs) is not permitted under their Global Access framework. To provide India-based regulatory oversight for our products, Vested will no longer permit new investments into Crypto ETFs on its platform for Indian residents. This restriction applies only to new investments. Existing holdings in Crypto ETFs are not affected, and clients will continue to have the full ability to hold or sell these securities.
The official circular may be accessed here (refer to Page 6).
Frequently Asked Questions
Why are new purchases of Crypto ETFs being disabled?
The GIFT City regulator, International Financial Services Centres Authority (IFSCA), has clarified that offering Crypto ETFs is not permitted under their Global Access framework in the IFSC. To comply with this regulation, Vested has disabled new purchases of these securities.
What happens to my existing Crypto ETF holdings?
Your existing Crypto ETF investments are unaffected. You can continue to hold them or sell them whenever you choose, subject to normal market conditions.
Will I still receive dividends and other distributions?
Yes. Any dividends, distributions, or corporate actions related to your existing holdings will continue to be credited to your account as usual.
What happens to my active recurring investments in Crypto ETFs?
Recurring investments (if active) will be cancelled automatically for your account.
Where can I read the official circular?
The circular is available on the IFSCA website. You can access it directly
here (refer to Page 6).
Who can I contact if I have more questions?