Thailand Eyes Altcoin ETFs as Crypto Adoption Accelerates
Thailand Preps the Next Wave of Crypto ETFs
Thailand is entering its next phase of regulated crypto exposure. Following its 2024 spot BTC ETF, the Securities and Exchange Commission (SEC) is drafting a framework to allow altcoin ETFs alongside Bitcoin, broadening the menu for investors seeking diversified digital-asset exposure.
Why Now: Demand Meets Policy
A softer equities backdrop — the local stock market has fallen notably this year — is steering younger investors toward digital assets. The SEC’s push aims to channel that demand through regulated products, balancing access with oversight.
What the Structure Could Look Like
Local mutual funds and institutions are expected to list the first products once approvals land. Similar to the initial Bitcoin “fund-of-funds” approach, early altcoin ETFs may aggregate exposure via vetted global vehicles before evolving into more direct, basket-based structures.
From Bitcoin to a Broader Basket
After the U.S. and Hong Kong normalized spot $ Bitcoin ETFs , Thailand moved quickly to align. Adding altcoin ETFs signals a policy shift from single-asset access to portfolio-level exposure, bringing tokenized investments closer to mainstream mandates.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Growing Optimism Faces ETF Withdrawals: The Delicate Balance of Crypto Stability
- Crypto markets show fragile stabilization as Fear & Greed Index rises to 20, but Bitcoin remains 30% below October peaks amid $3.5B ETF outflows. - Stablecoin market cap drops $4.6B and on-chain volumes fall below $25B/day, weakening Bitcoin's liquidity absorption capacity. - Select altcoins like Kaspa (22%) and Ethena (16%) gain traction while BlackRock's IBIT returns $3.2B profits, signaling mixed institutional confidence. - Technical indicators suggest tentative support at $100,937 for Bitcoin, but So
BCH Rises 0.09% as Momentum Fuels Outperformance
- BCH rose 0.09% in 24 hours but fell 4.22% in seven days, yet gained 22.72% annually. - It outperformed its Zacks Banks - Foreign sector with 0.66% weekly gains vs. -2.46% industry decline. - Earnings estimates rose twice in two months, boosting consensus from $2.54 to $2.56. - With a Zacks Rank #2 (Buy) and Momentum Score B, BCH shows strong momentum potential. - Annual 63.46% gains and positive revisions solidify its position as a top momentum stock.
DOGE drops 1.36% as Bitwise ETF debuts
- Bitwise launched the first Dogecoin ETF (BWOW) on NYSE, offering institutional-grade exposure to the memecoin. - DOGE fell 1.36% in 24 hours but rose 7.34% weekly, reflecting mixed short-term market sentiment. - The ETF aligns with growing institutional adoption and regulatory momentum for altcoins, despite a 52.35% annual decline. - Similar products like Bonk’s ETP and Ethereum upgrades highlight maturing crypto infrastructure and investor demand.
ZEC Falls 4.01% After Grayscale Submits Zcash ETF Conversion Application
- Zcash (ZEC) fell 4.01% in 24 hours as Grayscale files to convert its Zcash Trust into an ETF. - The ETF conversion aims to boost institutional exposure and regulated market access for ZEC. - ZEC shows 16.26% monthly gain and 736.04% annual rise despite recent 17.89% weekly drop. - Analysts highlight ETF approval could stabilize ZEC’s price and attract diversified investors. - The SEC’s decision on the ETF remains pending, shaping market perceptions and ZEC’s adoption trajectory.
Trending news
MoreCrypto prices
More
