Thailand Regulator Approves Bitcoin And Ether ETFs
Thailand's securities regulator has approved exchange-traded funds for bitcoin and ether. The new rules will take effect on october 16.
Why it matters
The move expands financial options for investors and may influence regional crypto markets.
Key facts
- asset
- bitcoin and ether
- listing date
- Oct. 16
Taken from the source as published — check the details before acting on them.
etfs limited to bitcoin and ether
the securities and exchange commission of thailand has restricted initial crypto etfs to bitcoin and ether only.
new custody rules apply
the rules include requirements for asset custody and exposure management for etf providers.
Common questions
when do the new rules take effect?
the rules will be in place on october 16.
what assets are allowed in the etfs?
only bitcoin and ether are permitted in the initial etf offerings.
Sources
- Thailand SEC issues bitcoin and ether ETF rules set to take effect Oct. 16 By Brian Danga, The Block · theblock.co
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