Log in

News

Indian investors will now be able to invest in Grayscale products

Updated: Aug 23, 2024
Published: Jun 9, 2022
0
Share:

Investors in the world's second-most populated country, India, will now be able to invest in products offered by Grayscale Investments, a subsidiary of Digital Currency Group (DCG), for the first time. 

Post Feature Image

Grayscale products now available in India

According to the report from a local media outlet, Indian investors will now be able to invest in Bitcoin, Ethereum, and other cryptocurrencies indirectly through the products offered by Grayscale. Hence, Indian investors will not have to expose themselves to the crypto industry with direct purchases. 

Global investment platform Vested Finance has taken the initiative to provide Indian investors with Grayscale products, and as per the firm, investing in cryptocurrencies through this route will be counted as a capital gains tax, and the profits made will not be subject to the 30% tax that was imposed on these blockchain based tokens by the Indian government in the Union Budget for 2022. Investors won't be subjected to the 1% TDS introduced in the bill.

"The tax on cryptocurrencies has made investing in cryptocurrencies less appealing to Indians. Through Grayscale, investors can gain exposure to crypto by investing in a stock while not being subject to high taxation," said Viram Shah, co-founder, and CEO of Vested Finance.
Additionally, short-term gains will be taxed according to an individual's tax plan, while long-term gains are subject to 20% tax under the tax laws of India. 

GBTC to BTC ETF

Grayscale is well-known for its GBTC product which the firm wants to convert into a Bitcoin-spot ETF. The application for the same was submitted to the SEC in October last year. Since then, the financial authority has been delaying the decision for the same. The firm hired Donald B. Verrilli as its additional legal counsel intensifying its efforts to get approval from the SEC. Verrilli has a strong background in the legal industry.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
BTC, ETH and More: Bullish Breakouts and Critical Resistance Tests
PRO
Market Direction
BTC, ETH and More: Bullish Breakout...The majors broke upside on positive macro news, now testing key resistances. Watch for bullish conti...
8 min read
Oct 27, 2025
This Week's Setup: 27th of October
Market Updates
This Week's Setup: 27th of OctoberIt’s a big week in markets, and you don’t want to miss what’s coming. The Fed meets, Trump and Xi ar...
7 min read
Oct 27, 2025
Time Sensitive: The 4x Market-Neutral Trade Everyone’s Missing
PRO
Research Report
Time Sensitive: The 4x Market-Neutr...Opportunities like this are rare in crypto. Most launches are driven by hype or speculation with no ...
11 min read
Oct 27, 2025