Thailand Opens Door to Institutional Investment in US Bitcoin ETFs

• Thailand's SEC allows institutional investors and high-net-worth individuals to invest in crypto ETFs on US exchanges • This includes spot bitcoin ETFs, now classified as securities rather than digital assets under Thai law • Thai securities firms can also invest in these spot bitcoin ETFs under the new rules • The SEC is considering extending this investment opportunity to regular retail investors in the future • Previously the SEC did not allow asset managers to invest directly in spot bitcoin ETFs due to high risk