IDX Alternative FIAT ETF
IDX Alternative FIAT ETF (NASDAQ: GLDB) is an exchange-traded fund listed on NASDAQ, trading at $22.48 (about ₹2,159 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.96% and holds 10 securities. Indian residents can buy GLDB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$22.29
Today's high
$22.53
52 week low
$18.67
52 week high
$30.73
GLDB opened at $22.53, closed previously at $22.39, and has traded between $18.67 and $30.73 over the past 52 weeks.
About
GLDB provides a consolidated investment strategy that integrates both established and emerging asset classes, judiciously allocating capital between gold and Bitcoin (BTC). This deliberate combination aims to harness the dynamic growth prospects inherent in digital currencies while capitalizing on the reliable stability typically associated with precious metals. The fund operates under a sophisticated quantitative allocation framework, commencing with an equal 50/50 weekly split. This weighting is subsequently adjusted in real-time, factoring in market volatility, momentum trends, and internal risk metrics. When market conditions dictate, the portfolio's concentration has the flexibility to entirely pivot, committing up to 100% to either Bitcoin or gold. Central to its approach, GLDB employs a 1.25x leveraged exposure. This is accomplished through various derivative instruments, such as futures, options, and swaps, in addition to Exchange Traded Products (ETPs) that track Bitcoin, gold, and related assets. Furthermore, the fund's holdings may extend to other assets, including Ether (ETH) and silver. To circumvent the issuance of K-1 tax forms, up to 25% of the fund's overall exposure is secured through a Cayman Islands Subsidiary. The remaining assets are robustly held in US Treasuries, cash equivalents, and other highly liquid, short-term instruments, primarily functioning as collateral.
Key statistics
Expense ratio
0.96%
Assets (AUM)
$39.7M
Holdings
10
NAV
$23.07
Avg. volume
—
1-year price change
—
5-year price change
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Price change excludes dividends.
Top 10 holdings
GLDB holds 10 securities in total. These 10 are 100.0% of the fund.
How to buy GLDB from India
Indian residents can buy GLDB units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search GLDB and buy
Find the fund by its ticker, GLDB, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in GLDB from India
Trading and taxes when buying GLDB from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the GLDB price today?
IDX Alternative FIAT ETF (GLDB) last traded at $22.48 on NASDAQ, as of 29 Sep 2026, 4:00 PM ET. That is ₹2,159 a unit at the 29 Sep 2026 USD/INR rate.
When does GLDB trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is GLDB, and what does it cost to hold?
IDX Alternative FIAT ETF manages about $39.7M. Its expense ratio is 0.96% a year, deducted inside the fund. It launched in 2025.
What are GLDB's largest holdings?
The top three are First American Government Obligations Fund 12/01/2031 (32.0%), GOLD 100 OZ FUTR Dec26 (23.5%) and CME Bitcoin Fut Oct26 (14.4%). GLDB's 10 largest positions make up 100.0% of the fund.
Does GLDB pay dividends?
Yes. GLDB is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on GLDB taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of GLDB?
Yes. You can buy GLDB by amount rather than by whole unit, and there is no minimum trade size.