Singapore Approves Two Physical Bitcoin Funds


  • Fintonia Group, based in Singapore, has created two bitcoin funds aimed at professional investors.
  • The Fintonia Bitcoin Physical Fund buys bitcoin in order to give investors immediate price exposure.
  • The Fintonia Secured Yield Fund allows bitcoin owners to borrow money by pledging their bitcoin as security.

According to Fund Selector Asia, Singapore-based fund manager Fintonia Group, which is authorised by the Monetary Authority of Singapore (MAS), has created a “physical” bitcoin fund and a yield fund.


Professional and institutional investors wanting direct, passive bitcoin exposure as well as a way to borrow against their bitcoin holdings will be interested in the offerings.

By purchasing and holding bitcoin directly, the Fintonia Bitcoin Physical Fund promises to provide investors with “rapid, safe, and cost-efficient” bitcoin exposure through a more convenient investment instrument.

The fund’s bitcoin will be held by a “licenced and insured custodian,” according to the management.

“The fund acquires ‘physical’ bitcoin, meaning we will buy the actual bitcoin [rather than] a derivative instrument on bitcoin.” —Adrian Chng, founder and chairman of Fintonia Group


“As an MAS regulated fund manager with strict standards, we can connect with multiple exchanges and different market-makers, enabling us to find the best prices, as well as buy or sell at volume,” Chng stated.

He further added that, “The fund also enables efficient cash or crypto transfers, resolving the challenges around moving large amounts of cash in or out of the system.”

Adrian also said that “Bitcoin is an excellent form of collateral for loans”.

The Fintonia Secured Yield Fund, on the other hand, claims to provide bitcoin holders with direct loans.

Borrowers who have bitcoin, such as traders, miners, and businesses, can use the yield fund to earn cash without having to sell their bitcoin.

Bitcoin funds make investing simple and straightforward.

By purchasing the fund’s shares from their usual broker, investors can gain exposure to the price of BTC. Convenience, on the other hand, comes at a price.

Only by owning bitcoin directly will an investor be able to benefit from the Bitcoin Network’s financial sovereignty and freedom.

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