On the 8th, the Thai SEC announced 11 notifications permitting the establishment of domestic cryptocurrency spot ETFs. In the initial phase, the cryptocurrencies targeted are limited to Bitcoin (BTC) and Ethereum (ETH), with the regulations set to take effect on the 16th.
This move addresses the previous situation where investment trusts and private funds could only invest in overseas cryptocurrency spot ETFs. The SEC aims to expand investor opportunities and enhance the responsiveness of businesses by allowing domestic cryptocurrency spot ETFs to be integrated into existing investment strategies...
