In a groundbreaking development for the cryptocurrency market, the Thailand Securities and Exchange Commission (SEC) has approved the country’s first spot Bitcoin Exchange-Traded Fund (ETF). This historic move marks a significant step forward in the mainstream adoption of digital assets within Thailand, providing investors with a regulated and accessible way to gain exposure to Bitcoin. The approval of this ETF is expected to have wide-reaching implications for both the local and global crypto markets, signaling growing institutional confidence and regulatory support for Bitcoin and other cryptocurrencies.
ONEAM Leads the Charge with Bitcoin ETF
The Securities and Exchange Commission (SEC) has endorsed One Asset Management (ONEAM) as the first firm to launch a spot Bitcoin ETF in Thailand, targeting wealthy and institutional investors. The ONE Bitcoin ETF Fund of Funds Unhedged and not for Retail Investors (ONE-BTCETFOF-UI) will be available from May 31 to June 6, with an investment
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