Bitcoin ETF

<ul class="news-points"> 
 <li><strong>Thai SEC approves ONEAM to launch Thailand’s first Bitcoin ETF, restricted to wealthy and institutional investors.</strong></li> 
 <li><strong>ONEAM’s Bitcoin ETF invests in 11 global funds, reviewed by US and Hong Kong regulators for safety and liquidity.</strong></li> 
 <li><strong>ONEAM advises investors to allocate 5% to Bitcoin, with expected returns of 8.90% per year and improved portfolio Sharpe ratio.</strong></li> 
</ul> 
<p>Wu Blockchain reported on X that the Securities and Exchange Commission, Thailand, approved One Asset Management (ONEAM) to launch Thailand’s first <a href="https://coinedition.com/bitcoin-etf-wars-blackrock-fidelity-gain-ground-on-vanguard-as-grayscale-lags/">Bitcoin ETF</a>. This exchange-traded fund (ETF) targets wealthy and institutional investors, marking a significant step toward integrating digital assets into Thailand’s financial system.</p> 
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   <p lang="en" dir="ltr">According to Bangkok Post, the Thai SEC approved local asset management company One Asset Management to launch Thailand's first Bitcoin ETF, which is limited to wealthy and institutional investors. The fund's policy is to invest in 11 leading global funds and has passed…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1797920175452504483?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 4, 2024</a>
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<p>According to the <a href="https://www.bangkokpost.com/business/investment/2804674/thai-sec-approves-first-bitcoin-fund" target="_blank" rel="nofollow">Bangkok Post</a>, the fund will invest in eleven top global funds to ensure safety and liquidity. International regulatory bodies in Hong Kong and the …</p>
<p>The post <a href="https://coinedition.com/thailand-embraces-bitcoin-first-etf-approved-for-wealthy-investors/">Thailand Embraces Bitcoin: First ETF Approved for Wealthy Investors</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Thailand Embraces Bitcoin: First ETF Approved for Wealthy Investors

Coin Edition

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