
The Thai Securities and Exchange Commission (SEC) has approved the country's first spot Bitcoin (BTC) exchange-traded fund (ETF), as reported by Bangkok Post. The ETF, managed by One Asset Management, is available exclusively to wealthy and institutional investors. The fund's policy is to invest in 11 leading global funds. This approval marks a significant step in Thailand's financial market, highlighting the growing acceptance of cryptocurrency investments.

#Bitcoin is making moves in Thailand! 🇹🇭 The Thai SEC has taken another positive step with the approval of the first spot Bitcoin Fund. Here’s to global adoption! 👏 https://t.co/FuwrSebX0f
🚨JUST IN: Thailand's SEC approves first spot #Bitcoin ETF https://t.co/SWyOYakXp9
BREAKING: 🇹🇭 Thailand just approved its first spot #Bitcoin ETF. https://t.co/ELFieG4r1d