Thailand’s SEC Greenlights Investment From Institutional and Wealthy Individuals in Crypto ETFs
Earlier this year, the regulator had denied permission to trade bitcoin ETFs.
Earlier this year, the regulator had denied permission to trade bitcoin ETFs.
All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset.
New markets take time to mature and crypto is no different. The next stage will see more attention given to fundamental metrics and better veri will drive the change, says Michael Nadeau, founder of The DeFi Report.
The asset management industry has tried launching a spot bitcoin ETF for over a decade. Hopes are high they will lure more investors into crypto.
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
It’s vital to remember that crypto volatility can deliver upside, too.