
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)
More on this
Regulation · Oct 9Thailand Approves Spot Bitcoin and Ether ETFs on National Stock Exchange
Regulation · Oct 10Thailand's SEC publishes crypto ETF framework, BTC and ETH only, effective October 16
Regulation · yesterdayThailand finalizes rules for domestic Bitcoin and Ethereum ETFs, curbs foreign access