Thailand is set to expand its crypto ETF market as regulators draft new rules to include funds tied to multiple digital assets beyond Bitcoin. This initiative, spearheaded by the Securities and Exchange Commission (SEC), aims to provide more regulated access to digital assets and enhance oversight. The country's first spot Bitcoin ETF, launched in 2024, has already facilitated institutional investment in Bitcoin through global products.
This strategic move positions Thailand alongside regions like Hong Kong, which are also opening up to similar financial products. The expansion follows the U.S. approval of spot Bitcoin ETFs earlier this year, reflecting a growing global trend towards regulated digital asset investment options.
Thailand Plans Expansion of Crypto ETFs to Enhance Digital Asset Access
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