Big News from Thailand: First Spot Bitcoin ETF Approved!

By ChangeNOW | ChangeNOW Crypto Blog | 4 Jun 2024


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The Thai SEC has just given a thumbs up to One Asset Management (ONEAM) to roll out the nation's first spot Bitcoin ETF. This is a game-changer for Thai investors looking to dive into the leading cryptocurrency with a regulated and secure investment vehicle.

A Little Twist: Access Restricted. Before you get too excited, here's the catch: unlike in the US, where anyone can join the Bitcoin ETF party, Thailand's version is VIP only—reserved for wealthy and institutional investors. 

With this move, Thailand is stepping up its crypto game, joining a global trend of regulators warming up to digital assets while keeping a close eye on potential risks. It's a big leap forward in the crypto conversation!

This ETF is just the beginning. Expect Thai regulators to continue their cautious, yet progressive, approach to growing the crypto market, always with an eye on protecting investors.

Stay tuned with ChangeNOW for all the juicy updates on evolving crypto landscape!

Related articles:

  1. What Does Bitcoin ETF Mean?
  2. Historic Milestone: SEC Approves Ethereum Spot ETFs
  3. Hong Kong’s SFC approves first spot BTC and ETH ETFs
  4. 5 Bitcoin ETFs to Look Out For in 2024

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ChangeNOW
ChangeNOW

ChangeNOW is a non-custodial service created for simple and fast cryptocurrency exchanges. We strive for maximum safety, simplicity, and convenience. We do not store your funds or require any sort of account creation. https://changenow.io/


ChangeNOW Crypto Blog
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