Thailand crypto ETFs may see slow start despite new rules: CoinShares
Thailand’s new Bitcoin and Ether ETF rules take effect Friday, but CoinShares expects modest initial inflows as existing investment options compete for demand.
Thailand's new rules allowing Bitcoin and Ether ETFs take effect Friday, but CoinShares expects only modest initial inflows. The firm notes that existing investment options will compete for demand, limiting the immediate impact. Traders should view this as a slow-burn regulatory development rather than a near-term catalyst for BTC or ETH prices.