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Thailand’s Bitcoin and Ethereum ETF Rules Take Effect

Thailand’s Bitcoin and Ethereum ETF Rules Take Effect

Photo: Coindoo

Key Takeaways Bitcoin and Ethereum are the first assets eligible for Thai crypto ETFs. Funds must use a passive strategy and maintain at least 80% average net exposure. Underlying crypto must be held by an SEC-regulated custodian. Brokers cannot offer margin loans for crypto-ETF purchases. The rules do not announce a fund, ticker or first trading date. Before investors can buy a Thai crypto ETF , an issuer must still publish its prospectus, appoint service providers and complete the listing process.

Source: Coindoo

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