Information, not investment advice. Facts are copied from cited issuer and regulator documents with retrieval dates; anything we could not verify is marked unknown. Nothing here is a recommendation, ranking, or eligibility determination about you.
As of 2026-10-25, 2 tracked funds that exclude US persons publish a minimum of USD 1,000 or less (mTBILL, USTBL), and 3 more exclude US persons without a published minimum at or below USD 1,000 (SHVon, USDY, USYC). Local rules and KYC still apply; this is not a determination about you.
| Product | Who can invest | Minimum initial investment | KYC required | Management fee / expense ratio | Legal framework |
|---|---|---|---|---|---|
| Midas mTBILL | Investors in the public offer under the EU Prospectus Regulation (base prospectus dated 17 July 2025); US persons excluded Midas Final Terms (PDF), retrieved 2026-10-25 | USD 1 Midas Final Terms (PDF), retrieved 2026-10-25 | Yes Midas Final Terms (PDF), retrieved 2026-10-25 | Final Terms: annual fee 10% of annual interest earnings (waived until December 2024) (disputed) Midas, retrieved 2026-10-25 | Public offer under EU Prospectus Regulation (prospectus approved by Liechtenstein FMA) Midas, retrieved 2026-10-25 |
| Spiko USTBL | All investors (non-US) Spiko prospectus (Twenty First Capital), retrieved 2026-10-25 | USD 1 Spiko prospectus (Twenty First Capital), retrieved 2026-10-25 | Yes Spiko prospectus (Twenty First Capital), retrieved 2026-10-25 | 0.25% Spiko, retrieved 2026-10-25 | French UCITS SICAV sub-fund; AMF classification short-term VNAV MMF Spiko, retrieved 2026-10-25 |
These products exclude US persons per the issuer, but either publish no single minimum we could confirm or publish one above USD 1,000. Per-blockchain minimums are shown where the issuer states them.
| Product | Who can invest | Minimum initial investment | Minimum by blockchain | KYC required |
|---|---|---|---|---|
| Ondo SHVon | Non-US investors (retail where allowed), Professional/qualified investors in restricted jurisdictions Ondo, retrieved 2026-10-25 | Unknown | n/a | Yes Ondo, retrieved 2026-10-25 |
| Ondo USDY | Non-US individuals, Non-US institutions Ondo, retrieved 2026-10-25 | Unknown | n/a | Yes Ondo, retrieved 2026-10-25 |
| Circle USYC | Non-US institutions Circle, retrieved 2026-10-25 | USD 100,000 Circle, retrieved 2026-10-25 | n/a | Yes Circle, retrieved 2026-10-25 |
No. Ondo's USDY eligibility page lists the United States among prohibited jurisdictions: individuals located or residing in the US may not subscribe for, acquire or redeem USDY. It also prohibits persons placing buy orders from within the US, and US persons under Rule 902 of Regulation S or anyone acting for them. Ondo's USDY important notes say USDY tokens are not registered under the Securities Act of 1933 and may not be offered or sold in the US or to US persons unless registered or exempt. Sources: Ondo USDY eligibility and Ondo USDY important notes, checked 2026-10-26. Minimum: Ondo pages reviewed state a $5,000 minimum only for minting on Sui/Aptos/Stellar/XRP/Noble and USD wires for $100K+; general web-app minimum not stated. Full record: USDY.
We could not confirm from issuer documents whether these accept US persons.
| Product | Who can invest | Minimum initial investment | Open to US persons (per issuer) |
|---|---|---|---|
| ChinaAMC CUMIU | Investors via SFC-licensed Eligible Distributors (incl. retail) ChinaAMC, retrieved 2026-10-25 | USD 1,000 ChinaAMC, retrieved 2026-10-25 | Unknown |
| Franklin Templeton gBENJI | Unknown | USD 20 Franklin Templeton, retrieved 2026-10-25 | Unknown |
| Franklin Templeton sgBENJI | Singapore investors via distributors (e.g., DBS); retail per MAS approval Franklin Templeton, retrieved 2026-10-25 | USD 20 Franklin Templeton, retrieved 2026-10-25 | Unknown |
No. Ondo's USDY eligibility page lists the United States among prohibited jurisdictions: individuals located or residing in the US may not subscribe for, acquire or redeem USDY. It also prohibits persons placing buy orders from within the US, and US persons under Rule 902 of Regulation S or anyone acting for them. Ondo's USDY important notes say USDY tokens are not registered under the Securities Act of 1933 and may not be offered or sold in the US or to US persons unless registered or exempt.
As of 2026-10-25, mTBILL: USD 1 per Midas Final Terms (PDF); USTBL: USD 1 per Spiko prospectus (Twenty First Capital). Sorted alphabetically, not ranked.