Thai Securities and Exchange Commission Approves Thailand’s First Bitcoin Spot ETF

Thailand’s Securities and Exchange Commission has approved the launch of a local asset management company, One Asset Management (ONEAM), to introduce a Bitcoin spot ETF, called ONE-BTC ETF OF-UI. ONEAM’s Bitcoin spot ETF will be the first of its kind in Thailand and is scheduled to be issued between May 31 and June 6. The investment risk level is rated as eight, and the target clients are high-net-worth individuals and institutional investors.