Thailand's Securities and Exchange Commission (SEC) has approved the country's first spot Bitcoin exchange-traded fund (ETF), named the One Bitcoin ETF Fund of Funds Unhedged. Managed by One Asset Management (ONEAM), this ETF is exclusively available to institutional investors and high-net-worth individuals. The fund will invest in 11 leading global funds and has passed regulatory reviews in the United States and Hong Kong. This development marks a significant milestone in Thailand's cryptocurrency investment landscape.