Thailand Considers Allowing Bitcoin ETF Listing on Local Exchange

According to Odaily, Thailand is contemplating the approval of its first Bitcoin Exchange-Traded Fund (ETF) on a local exchange as part of its efforts to develop a digital asset hub. The Secretary-General of the Thai Securities and Exchange Commission (SEC), Pornanong Budsaratragoon, stated that the commission is evaluating the possibility of permitting both individual and institutional investors to invest in a local Bitcoin ETF. In June 2024, Thailand's One Asset Management launched a fund-of-fund providing exposure to overseas Bitcoin ETFs. However, the country has yet to approve tools for direct Bitcoin investment.