Wu said that according to Bangkok Post, the Securities and Exchange Commission of Thailand (SEC) has approved local asset management company One Asset Management (ONEAM) to launch Bitcoin spot EFT, namely ONE-BTCETFOF-UI. This ETF is Thailand’s first BTC spot ETF and is scheduled to be issued between May 31 and June 6. The investment risk level is eight and the target customers are high-net-worth individuals and institutional investors.