Regulation· ★★★★· neutral·

Thailand approves crypto ETFs as Bitcoin recovers to $83,000

  • —Bitcoin near $83,631 after rebounding from $80,400
  • —US spot BTC ETFs saw roughly $680 million in outflows
  • —Thailand to allow BTC and ETH ETFs from October 16
  • —Total market cap $2.83 trillion, up 1.43% in 24 hours
Why it matters: Thailand's ETF approval widens institutional access to BTC and ETH in Asia, but the market remains hostage to US inflation data.
Source: Bing News (crypto query)