Thailand’s New Crypto ETF Rules Face Muted Early Demand
Edited by Steinar Vigdel Kolnes, Editor, Oslo
CoinShares expects modest initial inflows under Thailand’s new Bitcoin and Ether ETF rules, with existing investment options competing for demand.
New rules for Bitcoin and Ether exchange-traded funds in Thailand are scheduled to come into force on Friday, according to Cointelegraph.
CoinShares expects inflows to be limited at first, pointing to competition from investment options already available to investors.
The forecast suggests the regulatory change may not translate into strong immediate demand. Actual inflow figures were not provided in the report.
Source: Cointelegraph
