Thailand crypto ETFs may see slow start despite new rules: CoinShares
Summary
Thailand will implement fresh regulations for Bitcoin and Ether exchange-traded funds this Friday. Even so, CoinShares predicts that these vehicles will face a sluggish launch with limited opening capital. The company notes that alternative investment choices already present in the market are likely to challenge incoming demand.
Thailand’s new Bitcoin and Ether ETF rules take effect Friday, but CoinShares expects modest initial inflows as existing investment options compete for demand.
Source: Read the full story at Cointelegraph.com News
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