Thailand‘s regulatory authority has approved the launch of the country’s first spot Bitcoin ETF, allowing high-net-worth individuals and institutional investors to engage in regulated Bitcoin investments.
The Thai Securities and Exchange Commission (SEC) granted permission to One Asset Management (ONEAM) to introduce the ONE Bitcoin ETF Fund.
This ETF will distribute funds across 11 major global Bitcoin funds to ensure liquidity and security, aiming to mitigate risks associated with direct Bitcoin ownership.
While ONEAM has received approval, MFC Asset Management is still awaiting clearance for its spot Bitcoin ETF.
This move follows similar approvals in the US, Hong Kong, Australia, and the UK, indicating a growing global interest in regulated Bitcoin investment vehicles.
These ETFs provide professional investors a controlled way to gain exposure to Bitcoin’s price movements, opening the crypto market for traditional institutions in Thailand.
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