Thailand's SEC Finalizes Bitcoin and Ether ETF Rules Set to Take Effect Oct. 16
Updated — view changes (3)
· body · New information from a source
Thailand finalized regulations permitting Bitcoin and Ether exchange-traded funds to trade exclusively on the Stock Exchange of Thailand, effective next week, according to Cointelegraph.Separately, Bitcoin ETFs lost $244 million on Thursday alone, while Ether funds extended eight consecutive sessions of outflows totaling $641 million, Cointelegraph reported.- Thailand's Securities and Exchange Commission finalized rules permitting Bitcoin and Ether exchange-traded funds, with the rules set to take effect Oct. 16, according to The Block.
- The regulator limited the initial crypto ETF lineup to Bitcoin and Ether, introducing new custody, exposure and trading requirements, The Block reported.
- Cointelegraph said the funds will trade exclusively on the Stock Exchange of Thailand.
- CoinDesk reported the move opens the door to locally listed Bitcoin and Ether ETFs in the country.
- The announcement comes as U.S.-listed Bitcoin and Ether ETFs face mounting redemptions.
- Cointelegraph reported Bitcoin ETFs lost $244 million in a single session, while Ether funds extended an eight-session outflow streak, shedding $641 million, pushing combined October outflows toward $1 billion.
· summary · New information from a source
Thailand approved rules for Bitcoin and Ether ETFs to trade on its stock exchange starting next week, as US crypto funds shed nearly $1B in October.- Thailand's SEC finalized rules letting Bitcoin and Ether ETFs trade on the Stock Exchange of Thailand starting Oct. 16, even as U.S. crypto ETFs face mounting outflows.
· headline · New information from a source
Thailand finalizes Bitcoin and Ether ETF rules; US crypto funds post $1B in October outflows- Thailand's SEC Finalizes Bitcoin and Ether ETF Rules Set to Take Effect Oct. 16
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Thailand’s Securities and Exchange Commission finalized rules permitting Bitcoin and Ether exchange-traded funds, with the rules set to take effect Oct. 16, according to The Block.
The regulator limited the initial crypto ETF lineup to Bitcoin and Ether, introducing new custody, exposure and trading requirements, The Block reported. Cointelegraph said the funds will trade exclusively on the Stock Exchange of Thailand.
CoinDesk reported the move opens the door to locally listed Bitcoin and Ether ETFs in the country.
The announcement comes as U.S.-listed Bitcoin and Ether ETFs face mounting redemptions. Cointelegraph reported Bitcoin ETFs lost Bitcoin ETFs lost $244 million on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million.
in a single session, while Ether funds extended an eight-session outflow streak, shedding Bitcoin ETFs lost $244 million on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million.
, pushing combined October outflows toward Bitcoin, Ether ETFs’ October outflows swell toward $1B.
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Sources: Cointelegraph, CoinDesk, The Block
This article is for information only and is not financial advice.
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Story so far 2 updates
- flashThailand finalizes Bitcoin and Ether ETF rules; US crypto funds post $1B in October outflowsfirst reported · 2 sourcescointelegraph.com · coindesk.com
- storyThailand's SEC Finalizes Bitcoin and Ether ETF Rules Set to Take Effect Oct. 16update · 3 sourcescointelegraph.com · coindesk.com · theblock.co
